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Call Now: 904-383-7448The natural guardian of a minor who has no conservator may release the debtor and compromise a debt when the collection of the debt is doubtful without becoming the conservator of the minor and without such action being approved by the court if the amount of the debt is $15,000.00 or less.
(Code 1981, §29-3-2, enacted by Ga. L. 2004, p. 161, § 1.)
- In light of the similarity of the statutory provisions, decisions under former Code 1882, § 2539, and former Code 1933, § 49-221 are included in the annotations for this Code section.
- Distinguishing characteristic of word debt is that fixed and specific amount is owing and no future valuation is required to settle it. Campbell v. Atlanta Coach Co., 58 Ga. App. 824, 200 S.E. 203 (1938) (decided under former Code 1933, § 49-221).
Cited in Georgia Power Co. v. Davis, 43 Ga. App. 791, 160 S.E. 690 (1931); Macris v. Laughlin Insulation Co., 124 Ga. App. 573, 185 S.E.2d 413 (1971); Hay v. Norfolk S. Ry., 879 F. Supp. 1192 (N.D. Ga. 1994).
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Court: Supreme Court of Georgia | Date Filed: 1946-02-19
Citation: 37 S.E.2d 407, 200 Ga. 308, 1946 Ga. LEXIS 416
Snippet: differs on its facts from Young v. Young, 188 Ga. 29 (3) (2 S.E.2d 622), where, according to the allegations
Court: Supreme Court of Georgia | Date Filed: 1940-06-12
Citation: 9 S.E.2d 834, 190 Ga. 445, 130 A.L.R. 87, 1940 Ga. LEXIS 511
Snippet: 537 (56 S.E. 759); Young v. Young, 188 Ga. 29 (3) (2 S.E.2d 622). 6. It is not ground for declaring