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Bill > HB948
GA HB948
GA HB948Property; debtors in foreclosures to receive certain information and forms in a notice of foreclosure; provide
summary
Introduced
01/12/2026
01/12/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
02/12/2026
02/12/2026
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Article 7 of Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to foreclosure, so as to provide for debtors in foreclosures to receive certain information and forms in a notice of foreclosure; to provide for notice of certain information when surplus funds are available; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill requires that debtors facing foreclosure receive more comprehensive information in the notice of foreclosure, including the contact details of an individual or entity authorized to negotiate loan terms, and explicit instructions on how to claim any surplus funds remaining after the sale, along with a warning that unclaimed funds may be considered abandoned property and revert to the state after five years. The notice must be sent via registered or certified mail or statutory overnight delivery with tracking, and the bill also clarifies that any surplus funds after paying off the mortgage and any prior liens will be paid to the mortgagor or their agent.
Committee Categories
Business and Industry, Justice
Sponsors (5)
Last Action
Senate Read and Referred (on 02/17/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/72146 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/242568 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/241802 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/239657 |
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