---
title: O.C.G.A. § 44-14-240. Foreclosure before debt due; levy and sale; disposition of proceeds.
collection: code
id: 44-14-240
cite_as: O.C.G.A. § 44-14-240 (2025)
canonical_url: https://georgiacommons.org/code/44-14-240
md_url: https://georgiacommons.org/code/44-14-240.md
text_url: https://georgiacommons.org/code/44-14-240/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=654
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/44-14.md
previous: https://georgiacommons.org/code/44-14-239.md
next: https://georgiacommons.org/code/44-14-241.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: PROPERTY / MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS / FORECLOSURE / FORECLOSURES ON PERSONALTY / In General
---

# O.C.G.A. § 44-14-240. Foreclosure before debt due; levy and sale; disposition of proceeds.

All subsequent proceedings respecting the levy and sale of the mortgaged property shall be conducted in the manner prescribed by law; and the money realized from the sale of the property shall be disbursed by the proper officer under the terms and rules prescribed by law, except that the money shall not be paid over to the plaintiff in fi. fa. until the debt secured by the mortgage becomes due.

## History

Ga. L. 1882-83, p. 109, § 2; Civil Code 1895, § 2755; Civil Code 1910, § 3288; Code 1933, § 67-1003.