NEWKIRK v. UNITED FEDERAL &c. ASSN.

65149.

165 Ga. App. 311 (1983)

299 S.E.2d 183

NEWKIRK v. UNITED FEDERAL SAVINGS & LOAN ASSOCIATION.

Court of Appeals of Georgia.

Rehearing Denied February 3, 1983.


Attorney(s) appearing for the Case

Casper Rich, Douglas R. Daum, for appellant.

David P. Hartin, for appellee.


BIRDSONG, Judge.

On the Cobb County Courthouse steps, appellant Newkirk bid on a piece of property being sold at foreclosure by United Federal Savings & Loan Association (United). The debt foreclosed on was $30,000. Evidence alleges the property was worth $70,000; Newkirk's successful bid was $35,000. The sale was later vacated and set aside by the Bankruptcy Court of the Northern District of Georgia as a result of a stay entered after Newkirk's bid was accepted...

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