Legal Question in Real Estate Law in Georgia

I live in the state of Georgia, My house was in foreclosure, I has to come up,with $5,600.00, I got the money to pay them, when I paid that amount to my bank, when I received my statement the following month, that $5,600.00 went ONLY towards interest, is that legal?


Asked on 1/26/11, 5:37 am

1 Answer from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

No one knows thet erms of any agreement, or other details in how the payment was applied. Many loans require that payments are applied to interest first.

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Answered on 1/27/11, 1:29 pm


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