Legal Opinion
Lewis v. Termplan, Inc.
Court of Appeals of Georgia
Decided October 1, 1971No. 46502PublishedCited by 28 opinions
1Opinion of the Court
Deen, Judge.
It is noted that the face amount of the instrument sued on was figured, as to principal, interest, fees and insurance, according to the method approved in McDonald v. G. A. C. Finance Corp., 115 Ga. App. 361 (1) (154 SE2d 825). The judgment in that case, however, did not, as here, include the added-in interest but only that part of the balance reflecting principal indebtedness.
This plaintiff sought and obtained a judgment which, judged alone by the terms of the instrument, was valid. It claims that all payments were late. The interest sought was $26.24, or 8% of $328, which would…
2Cases cited7 opinions
- McDonald v. G. A. C. Finance Corp.Court of Appeals of Georgia · 1967
- South Georgia Mercantile Co. v. LanceSupreme Court of Georgia · 1915
- Haire v. Allied Finance CompanyCourt of Appeals of Georgia · 1959
- Securities Investment Co. v. PearsonCourt of Appeals of Georgia · 1965
- Securities Investment Co. v. PearsonCourt of Appeals of Georgia · 1965
2 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Hodges v. Community Loan & Investment Corp.Supreme Court of Georgia · 1975
- Lawrimore v. Sun Finance Co.Court of Appeals of Georgia · 1974
- Hardy v. G. A. C. Finance Corp.Court of Appeals of Georgia · 1974
- GAC FINANCE CORPORATION v. HardySupreme Court of Georgia · 1974
- Garrett v. GAC FINANCE CORPORATIONCourt of Appeals of Georgia · 1973
23 more not listed; retrieve them via the Exa API.