A deed to secure debt shall not be recorded unless it includes the mailing address of the grantee thereof. If you have difficulty paying a debt, you should consider contacting the creditor, explaining the circumstances, and offering to work out a payment plan.In this article, we'll cover everything you need to know about what debt collectors in Georgia can and cannot legally do when trying to collect money. Under Georgia law, there is a sixyear statute of limitations and a fouryear statute of limitations depending on the type of debt owed. Many security deeds in Georgia have a provision that requires the lender to send a breach letter if you fall behind in payments. In other words, creditors and collectors must take you to court for any debt, based on a written contract, within six years of the last action on the account. Student loan debt relief companies might say they will lower your monthly payment or get your loans forgiven, but they can leave you worse off. (g) A transfer of a deed to secure debt shall not be recorded unless it includes the mailing address of the last transferee thereof. I forgot my identification; can I still proceed through security screening? To create a free account, please fill out the form below.