Georgia  |  Banking Law

Legal Question

Asked on: 1/22/13, 7:15 am

I have a lein on a business and property it is the second lein a bank has the first. The first lein was for $510k and the scond (my lein) is for 90k. About 2 years after everything was filed the bank file a modification to original deed to secure debt for an additional 16k. Can a bank do this when there is a second in place and not even contact second lein holder?

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