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Expert: Jason Barnette, Esq. - 9/8/2009


Question
I have a possible short sale in SC that might have the lender wanting to do a confession of judgement on the shortage amount.  I now live in Tenn.  Is a confession of judgement valid in Tenn.?

Answer
Jeff:

Yes, a confession of judgment is enforceable in Tennessee however, I would advise against it.  Essentially, you are confessing that you owe any deficiency and all the lender has to do is execute the confession before a court of competant juridiction.

Jason Barnette
Barnette Law Offices, LLC
1800 Hayes Street; Suite 122
Nashville, TN 37203
615-585-2245
http://www.barnettelawoffices.com

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Jason Barnette, Esq.

Expertise

I am the managing member of and a trial attorney at Barnette Law Offices, LLC, located in Nashville, Tennessee. Our firm focuses upon consumer protection cases arising under the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Tennessee Consumer Protection Act.

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Attorney Licensed to practice before Tennessee state and federal courts

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Juris Doctor

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