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Updated 4 months ago on . Most recent reply

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Jonah Slove
48
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72
Posts

Looking for attorney for borrower in default - TN and GA

Jonah Slove
Posted

Hey BP,

I am looking for a recommendation for an attorney or any advice on foreclosing on a borrower. I am a PML and lent on a bridge loan/ fix and flip. The promissory note is tied to two properties via security deed/deed of trust. I also have a personal guarantee. The properties are in located in TN and GA.

The borrower is in default and I have suggested a deed in leiu of foreclosure but it sounds like he wants to go a different route.

Anyone have a good attorney in TN and GA who can advise on next steps?

Thanks!

  • Jonah Slove
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