The Georgia Supreme Court has denied certiorari in two cases that could have changed the process lenders use to foreclose on and pursue deficiency judgments against owners who have defaulted on real estate loans.
On Jan. 24, the state’s high court unanimously denied the two petitions, filed on behalf of developer Tom DuPree Jr. and a Madison-area subdivision called The River Farm, which owe lender SunTrust Bank more than $1.8 million.
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