Georgia Statutes

§ 18-2-2 — Compulsory election of remedy least likely to jeopardize rights of other creditors

Georgia·Title 18
As among themselves, creditors shall so prosecute their own rights as not to jeopardize unnecessarily the rights of others; hence, a creditor having a lien on two funds of the debtor, equally accessible to him, will be compelled to pursue the one on which other creditors have no lien.

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Related

First Maryland Leasecorp. v. M/V Golden Egret
764 F.2d 749 (Eleventh Circuit, 1985)
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Loeb v. Franchise Distributors, Inc. (In Re Franchise Systems, Inc.)
46 B.R. 158 (N.D. Georgia, 1985)
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Keller v. Hand
328 S.E.2d 431 (Court of Appeals of Georgia, 1985)
In re Bay Circle Properties, LLC
577 B.R. 587 (N.D. Georgia, 2017)

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