Legal Opinion
Heritage Creek Development Corp. v. Colonial Bank
Court of Appeals of Georgia
Decided July 7, 2004No. A04A0067PublishedCited by 32 opinions
1Opinion of the Court
JOHNSON, Presiding Judge.
Heritage Creek Development Corporation obtained a loan from Colonial Bank to fund the construction of a 24-lot residential subdivision. The loan was secured by a security deed covering the subject real property. Heritage Creek defaulted on the loan. In January 2000, Colonial Bank notified Heritage Creek that it was accelerating and declaring due and payable the entire balance of the loan, as permitted by the loan instruments. In the letter, the bank also notified Heritage Creek that it planned to initiate foreclosure proceedings if the debt was not paid in full.
As a…
2Cases cited9 opinions
- Calhoun First National Bank v. DickensSupreme Court of Georgia · 1994
- Avery v. Cleveland Avenue Motel, Inc.Court of Appeals of Georgia · 1999
- Orr v. SievertCourt of Appeals of Georgia · 1982
- GCA Strategic Investment Fund, Ltd. v. Joseph Charles & Associates, Inc.Court of Appeals of Georgia · 2000
- Stuart Enterprises International, Inc. v. Peykan, Inc.Court of Appeals of Georgia · 2001
4 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Racette v. Bank of America, N.A.Court of Appeals of Georgia · 2012
- DeGolyer v. Green Tree Servicing, LLCCourt of Appeals of Georgia · 2008
- Joan Haynes v. McCalla Raymer, LLCCourt of Appeals for the Eleventh Circuit · 2015
- Canton Plaza, Inc. v. Regions Bank, Inc.Court of Appeals of Georgia · 2012
- All Fleet Refinishing, Inc. v. West Georgia National BankCourt of Appeals of Georgia · 2006
27 more not listed; retrieve them via the Exa API.