Manner of Foreclosure

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The owner of any bill of sale or written contract retaining title to personal property to secure a debt may foreclose the contractor bill of sale in the same manner as mortgages on personal property are foreclosed.

(Ga. L. 1899, p. 82, § 1; Civil Code 1910, § 3298; Ga. L. 1921, p. 114, § 1; Code 1933, § 67-1601.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 69 Am. Jur. 2d, Secured Transactions, § 572 et seq.

ALR.

- Right of conditional seller to retake property without legal process, 146 A.L.R. 1331.

What conduct by repossessing chattel mortgagee or conditional vendor entails tort liability, 99 A.L.R.2d 358.

Replevin or claim-and-delivery: modern view as to validity of statute or contractual provision authorizing summary repossession of consumer goods sold under retail installment sales contract, 45 A.L.R.3d 1233.


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