Legal Question in Real Estate Law in Tennessee

My landlord filed chapter 7 bankruptcy here in tn. I found out by a notice in the mail which also states i may be a creditor. I do know they plan on foreclosing on the property. Meeting of the creditors is in 27 days. I did pay a security deposit but there was no contract and i pay month to month. So will i get my security deposit back? And how long before the bank gets control of this place?


Asked on 4/27/11, 4:56 pm

1 Answer from Attorneys
Dan Scott Scott Law Group, PC

You'll not likely get your security deposit back unless it was in some sort of escrow account which is highly unlikely. The bank will get the property in as little as 45 days.

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Answered on 5/14/11, 7:45 am


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