- Jurisdiction
- Tennessee
I have some questions about the levy of real property, specifically taking the debtors home.
I have a Judgement, a lein on the debtors property and recently did a title search. There is only a deed of trust for 10k to I assume a relative and property value of 128k, plus 2 expired leins.
I know I need a wit of execution from the court clerk for the sheriff of that county.
I read somewhere that a bond is also needed ?
And the sale needs to be publish it in the newspaper 3 times ?
What is the cost normally to do a levy/foreclosure on real property and would I able to collect from the debtor the cost put into the levy and sale ?
or if I filed a motion to sell the real property according to TN Rule 69.07(4).
Tenn. Code Ann. § 16-3-406, when a Rule is in conflict with any other law, the Rule prevails.
Last but not least,
A Judgement lein is considered secured debt, would it be a waste of time if the debtor attempts to file bankruptcy ?
I have a Judgement, a lein on the debtors property and recently did a title search. There is only a deed of trust for 10k to I assume a relative and property value of 128k, plus 2 expired leins.
I know I need a wit of execution from the court clerk for the sheriff of that county.
I read somewhere that a bond is also needed ?
And the sale needs to be publish it in the newspaper 3 times ?
What is the cost normally to do a levy/foreclosure on real property and would I able to collect from the debtor the cost put into the levy and sale ?
or if I filed a motion to sell the real property according to TN Rule 69.07(4).
Tenn. Code Ann. § 16-3-406, when a Rule is in conflict with any other law, the Rule prevails.
Last but not least,
A Judgement lein is considered secured debt, would it be a waste of time if the debtor attempts to file bankruptcy ?