Case Number
E2010-00160-COA-R3-CV
Bank provided a loan to Borrowers for the purchase of real property and construction of a log cabin home. After Borrowers defaulted on the loan, Bank sold the property at a foreclosure sale. Bank then initiated a lawsuit alleging conversion, negligent business representation, and promissory fraud. Bank also sought a deficiency judgment for the difference in the amount owed on the loan and the foreclosure sale price. After a bench trial, the trial court awarded a judgment for $61,782.12 and a deficiency judgment for $300,644.92 in favor of Bank. Borrowers appeal. We affirm.
Originating Judge
Senior Judge Jon Kerry Blackwood
Case Name
Greenbank, f/k/a Greene County Bank v. Barbara J. Thompson, et al.
Date Filed
Dissent or Concur
No
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