Tennessee Code 47-9-611 – Notification before disposition of collateral
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Terms Used In Tennessee Code 47-9-611
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
- Statute: A law passed by a legislature.