Wrongful Foreclosure Legal Guidance

Summary

Wrongful foreclosure in Tennessee involves strict timelines and notice requirements. You have rights to reinstate the mortgage or redeem the property before the foreclosure sale. For pro bono assistance, contact Memphis Area Legal Services. The County Sheriffs Office typically conducts foreclosure auctions, and prices are generally based on the amount owed. Consult a local attorney for detailed advice.

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Wrongful foreclosure
Hello ****, I apologize for the situation you're facing. Could you please let me know in which state this foreclosure is happening? Laws can vary greatly depending on location.
Tennessee
Hello ****, sorry to hear about your situation. Here are some points about wrongful foreclosure in Tennessee:
- Tennessee adheres to strict foreclosure timelines.
- The foreclosing party must provide notice of sale.
- You have rights to reinstate the mortgage or redeem the property.
Consider consulting a local attorney for a thorough understanding.
Right to redeem in Tennessee
In Tennessee, the right to redeem:
- Must be exercised before the completion of the foreclosure sale.
- Doesn't extend to post-sale.
- To redeem, you must pay the full amount of the unpaid loan, plus any costs.
Please consult a local attorney for detailed advice.
Pro bono foreclosure attorney in Memphis Tennessee
Hello ****, you can seek pro bono legal assistance through the Memphis Area Legal Services. They offer foreclosure prevention help. You can contact them at:

Memphis Area Legal Services


Phone: (*) *-*
Website: www.malsi.org
Tennessee code *-*-*
Hello ****, Tennessee Code *-*-* pertains to the "Uniform Residential Landlord and Tenant Act". It discusses landlords' and tenants' rights and duties. Would you like more specific information about this code?
Tn code *-*
Hello ****, I see you're interested in Tennessee Code *-*. Could you please specify which part of this code is most relevant to your situation? It contains various provisions related to tenancy.
Fraudulent transfer A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value.
I understand your concern, ****. To clarify, are you suspecting a fraudulent transfer occurred during the foreclosure process?
Foreclosure auction prices set by which law enforcement office in TN
In Tennessee, the County Sheriff's Office is typically responsible for conducting foreclosure auctions. Prices are generally determined by the amount owed on the property, including any liens or fees.
TN code regarding foreclosure auction price parameters
In Tennessee, foreclosure auction prices are not set by a specific law. It's typically the amount owed on the mortgage, plus any fees or liens. The highest bidder at the auction is usually the winner. It's advisable to consult a lawyer for more specifics.
Foreclosure auction prices in TN to be at least fifty percent of fair market value
****, I'm not aware of a specific Tennessee law that sets a minimum bid price for foreclosure auctions at *% of the property's fair market value. Can you clarify where you heard this information from?