Tennessee Real Property Foreclosures: Tips and Traps for Attorneys

Because this is a CD audio seminar you enjoy:

• Fast, convenient learning without any out-of-office time lost;
• No travel-related expenses or complications;
• The perfect affordable way to update yourself rapidly on current laws.

Across the country, the number of foreclosures is skyrocketing. The number of American homes facing foreclosures was up a whopping 65% in April 2008 from April 2007. Nearly 250,000 homes (that's one in every 519 households) received at least one foreclosure-related filing in April 2008, and filings have increased from 2007 in all but eight states.

And the numbers don't look good for Tennessee:

• In the first quarter of 2008, foreclosures in Tennessee were up 72% over the same period last year.
• In March 2008, there were 2,315 new foreclosure filings. Over half of them -- 1,486 -- were in Shelby County, and there were 215 foreclosure sales.
• For the first quarter, there were 15,448 new foreclosure filings and 616 foreclosure sales.

Tennessee attorneys now find themselves faced with the arduous process of dealing with foreclosure issues.

Learn how to avoid the common traps that often catch your peers off-guard by participating in the all-new audio conference from Tennessee Attorneys Memo, Tennessee Real Property Foreclosures: Tips and Traps for Attorneys.

In just 60 minutes, an attorney who has handled these issues for some of America's largest lenders and companies, will take you through dos and don'ts of foreclosures when representing a homeowner or a lender. He'll offer practical solutions for dealing with the entire process and solutions short of a foreclosure sale.

We'll also cover:

• How to prepare for a foreclosure sale:
  --Necessary documentation
  --Notice and advertising requirements
  --Duties of a trustee under the deed of trust
• Special considerations every attorney should know
• Alternatives to foreclosure, including:
  --Reinstatements
  --Payoffs
  --Deeds-in-lieu
• Rights of second mortgagees, holders of judgment liens, and other third parties
• An in-depth look at the tremendous impact of a bankruptcy filing

June 24, 2008

Joseph Robert Prochaska is a frequent author and lecturer, and has appeared before national audiences for the American Bar Association, Section of Business Law; the American Bankruptcy Institute; and the National Association of Chapter 13 Trustees. Mr. Prochaska writes frequently for the NACTT Quarterly and the ABI Journal.

He has handled a variety of complex matters for some of the nation’s largest lenders and companies. He's filed and confirmed nearly a dozen competing plans of reorganization in a series of health care bankruptcies around the southeastern United States for two national retirement community companies.

Mr. Prochaska's practice areas include Bankruptcy Law, Creditor's Rights Law, and Commercial Litigation. He regularly appears in state, bankruptcy, and federal district courts throughout Tennessee. He has also appeared pro hac vice in bankruptcy or federal district courts in Alabama, Delaware, Colorado, Florida, Georgia, Illinois, Kentucky, Louisiana, Massachusetts, New York, Nevada, Pennsylvania, Texas, and Virginia.

or call (800) 274-6774