Georgia House Bill 1047 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 17 2012 - 25% progression, died in committee
Action: 2012-02-21 - House Second Readers
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

A BILL to be entitled an Act to amend Article 7 of Chapter 14 of Title 44, relating to foreclosure, so as to provide for a showing of a property's fair market value in order to obtain a judgment on a deed to secure debt or mortgage prior to a foreclosure and sale under power; to provide for fair market value to be used as the opening bid in sales under power when a money judgment has been obtained prior to foreclosure; to provide for related matters; to repeal conflicting laws; and for other purposes.

Property; showing of fair market value to obtain judgment on deed to secure debt or mortgage prior to foreclosure; provide

Rep. Mike Jacobs [R]

Rep. Matthew Ramsey [R]

Rep. Andrew Welch [R]

Date	Chamber	Action
2012-02-21		House Second Readers
2012-02-17		House First Readers

Type	Source
Summary	https://www.legis.ga.gov/legislation/36108
Text	http://www1.legis.ga.gov/legis/2011_12/versions/hb1047_LC_39_0123_a_2.htm