Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Tennessee?

Yes, Tennessee law allows a lender to sue a borrower to obtain a deficiency judgment for the amount owed on the loan after a foreclosure sale has been completed.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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