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RESOLUTION TRUST v. MORROW AUTO CENTER

A94A2106.

216 Ga. App. 226 (1995)

RESOLUTION TRUST CORPORATION v. MORROW AUTO CENTER, LTD. et al.

Court of Appeals of Georgia.

Reconsideration Denied February 6, 1995.

Attorney(s) appearing for the Case

McCalla, Raymer, Padrick, Cobb, Nichols & Clark, Carol V. Clark, Linda S. Finley, for appellant.

Oliver, Duckworth, Sparger & Winkle, G. Robert Oliver, for appellees.

BIRDSONG, Presiding Judge.

This is a suit for confirmation of a foreclosure sale and deficiency. Appellant Resolution Trust Corporation (RTC) foreclosed on a development property in the Atlanta metropolitan area. The original loan amount was $725,000. The amount of default is not cited to us nor is it stated in RTC's demand letter or its petition, but the default was more than the $425,000 for which RTC bought the property at its foreclosure sale. In its order denying...

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