Iwan Renovations, Inc. v. North Atlanta National Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “As a general rule, two debts that are incurred for the same purpose, secured hy the same property, held by the same creditor, and owed by the same debtor are inextricably intertwined.”
• “As a general rule, two debts that are incurred for the same purpose, secured by the same property, held by the same creditor, and owed by the same debtor are inextricably intertwined.”
• Because the trial court erred in finding that the bank could collect on a promissory note, it follows that the court also erred in awarding attorney fees under OCGA § 13-1-11 (a) for the bank’s collection efforts as to that note.
• “When the creditor wishes to exercise a power of foreclosure prior to obtaining a judgment on the note and thereby save time and expense, (it) will be required to comply with the confirmation statute before instituting any action for a deficiency judgment.”

Source: CourtListener parenthetical corpus (CC0).