Financing which in fact had been through refinancing weren’t void lower than O.C.G.An effective. § 7-3-step one et seq. simply due to the fact prepaid attention owing to the initial finance was rebated underneath the regards to people agreements according to Rule from 78’s, unlike of the an expert rata means. Varner v. Millennium Fin. Co., 738 F.2d 1143 (11th Cir. 1984).
– An effective 1979 obligations was not uncollectible because brand new 1977 contract broken this new Georgia Industrial Loan Act (today Georgia Cost Mortgage Operate), O.C.Grams.A good. § 7-3-1 mais aussi seq., of the failing to permit rebates of unearned borrowing insurance premiums. Continue reading “Age.2d step 3 (1974); Hodges vmunity Financing & Inv”