GAINESVILLE FINANCIAL SERV. v. McDOUGAL

59046.

154 Ga. App. 820 (1980)

270 S.E.2d 40

GAINESVILLE FINANCIAL SERVICES, INC. v. McDOUGAL et al.

Court of Appeals of Georgia.

Decided May 28, 1980.


Attorney(s) appearing for the Case

Robert W. Lawson, Jr., for appellant.

Hammond Johnson, Jr., for appellees.


BIRDSONG, Judge.

Georgia Industrial Loan Act. The trial court sustained the debtors' motion to set aside a default judgment obtained by the appellant, Gainesville Financial Services, Inc., in 1973.

The loan contract here was entered into in 1972 and the judgment rendered in 1973. Execution of the fi. fa. was not sought to be enforced until 1978, when in response thereto the debtors interposed a motion to set aside the judgment on grounds that the loan instrument...

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