Tennessee Attachment is a legal process in which a creditor or lien holder may gain a security interest in a debtor's property. The process begins with the creditor filing a lawsuit in court, and then obtaining a judgment against the debtor. The court's order then allows the creditor to attach the debtor's property, including real estate, personal property, and wages. There are two types of Tennessee Attachment: voluntary and involuntary. Voluntary attachment occurs when the debtor voluntarily agrees to grant a lien on their property in exchange for the creditor's promise to not foreclose on the property. Involuntary attachment occurs when the court orders the attachment of a debtor's property without the debtor's consent.
Tennessee Attachment
Category:
State:
Tennessee
Control #:
TN-SKU-0676
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PDF
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Description
Attachment
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