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RAY v. BANK OF CONVINGTON

37414.

247 Ga. 758 (1981)

279 S.E.2d 425

RAY et al. v. BANK OF CONVINGTON.

Supreme Court of Georgia.

Rehearing Denied July 7, 1981.

Attorney(s) appearing for the Case

Carrie Sue Ray, pro se.

Jerry D. Bouchillon, for appellee.

JORDAN, Chief Justice.

On April 29, 1977, the Bank of Covington loaned Fred T. Ray and Ray Dodge, Inc. $60,000 and took back a deed to secure debt to the home of Fred T. Ray and his wife. When, from December, 1978, until March of 1979, Ray and Ray Dodge, Inc. failed to make several monthly loan payments, the bank sought to foreclose on the home. Fred T. Ray and Ray Dodge, Inc., however, filed for bankruptcy and the bankruptcy court stayed the foreclosure under §...

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