The majority of foreclosures in Tennessee do not go via the court system (this kind of foreclosure is called a “nonjudicial foreclosure”). The lender must send specific notifications and comply with other rules in a Tennessee nonjudicial foreclosure. If you lose your house via foreclosure in Tennessee, your lender may sue you to collect the “deficiency,” however the amount it can recover may be restricted.
Tennessee Foreclosure Procedures and Laws
Learn about Tennessee foreclosures, including pre-foreclosure processes, foreclosure procedures, and homeowners’ rights under state and federal laws.
Tennessee Deficiency Judgments Following Foreclosure
Can your lender get a deficiency judgment against you after a Tennessee foreclosure?
Tennessee Timeshare Foreclosure and Cancellation Laws
Learn about Tennessee timeshare rules, such as how to terminate a timeshare contract and when your timeshare may be foreclosed.
HOA and COA Foreclosures in Tennessee
In Tennessee, if you fail to pay your HOA or COA assessments, the association may normally get a lien on your property and may foreclose on your house.