R & J of Tennessee, Inc. v. Blankenship-Melton Real Estate, Inc.

OPINION

in which W. FRANK CRAWFORD, P.J., W.S., and DAVID R. FARMER, J., joined.

This case involves a lawsuit filed by a secured party against a guarantor seeking a deficiency judgment following a foreclosure sale. The guarantor argued that the secured party was not entitled to a deficiency because he was given inadequate notice and the sale was conducted in a commercially unreasonable manner. Following a hearing, the trial court awarded the secured party a deficiency judgment. We reverse and remand to the trial court for further action consistent with this opinion.

I. Factual Background and…