Sample mortgage default letter3/24/2023 ![]() ![]() The non-judicial method of foreclosing in Georgia typically begins with an acceleration or default letter. The preferred method is the non-judicial method due to the fact it is significantly cheaper and quicker. GEORGIA FORECLOSURE Typical ForeclosureĪlthough Georgia law allows for judicial foreclosure of real property, the judicial route is rarely used. Below we dig deeper into the salient features and differences between foreclosing on real property in Georgia and Florida. While Georgia law provides for both methods of foreclosure, Florida only provides for the judicial method. ![]() The non-judicial system is typically a quicker and cheaper process. The non-judicial system allows secured parties to foreclose without the involvement of a court. The judicial system, as the name suggests, requires a secured party involve a court by filing a lawsuit. The American legal system allows for two types of real property foreclosures: judicial and non-judicial. ![]()
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