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ANDERSON v. G. A. C. FINANCE CORPORATION

50715.

135 Ga. App. 116 (1975)

217 S.E.2d 605

ANDERSON et al. v. G. A. C. FINANCE CORPORATION.

Court of Appeals of Georgia.

Decided June 13, 1975.

Attorney(s) appearing for the Case

Richard K. Greenstein, for appellants.

Lucian Lamar Sneed, John W. Bland, Jr., for appellee.

QUILLIAN, Judge.

Where as in the case sub judice a contract pursuant to the Industrial Loan Act (Code Ann. § 25-301 et seq.; Ga. L. 1955, p. 431, as amended) provides for acceleration upon the debtor's default of "all remaining installments" of the loan which installments include unearned interest, then the contract is null and void under Code Ann. § 25-316 (Ga. L. 1955, pp. 431, 442). In such case it was error...

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