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Georgia Commercial Law Lawyers

Frequently Asked Questions

  • What is Redemption?
    Redemption is a legal term that describes a debtor’s action of reclaiming collateral that a creditor took legal possession of pursuant to the terms of a secured loan. Typically, a … more
  • What is the Retail Installment Sales Financing Act?
    A Retail Installment Sales Financing Act is a state law that governs retail installment contracts. A retail installment contract is one where the lender maintains title to the property, such … more

Legal Articles

  • An Overview of the Uniform Commercial Code
    Each state in the United States has the authority to enact its own laws. While federal laws apply equally to all states, state law is only applicable to matters that occur in that state’s jurisdiction. Generally, this system works well. However, there are matters were uniformity among the state laws are desirable. Commercial transactions, which often occur in more … more
  • Defenses to Repossession
    It can be easier to get a lender to agree to loan you money if you provide the lender with a security interest in the property that you are purchasing with the loan money. Most lenders who provide loans for automobiles and real estate take security interests in the property that is being purchased with the loan money, for example. Then, if the borrower defaults on the loan, the … more
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