Collections
Collection
matters are generally handled on a contingent fee
basis. If an indebtedness is based on a contract
which contains an attorney's fee provision, suit is
filed for past-due principal, prejudgment interest at
the contract rate, and a one-third attorney's fee,
unless the contract provides for a lesser percentage.
Most
judges in Tennessee award one-third of the past due
principal and interest as a reasonable
attorney’s fee and include that amount in the
judgment.
Possessory Actions
Pre-judgment
possessory actions are handled throughout the state
of Tennessee on a flat fee basis, plus court costs.
Foreclosures
Services
provided for foreclosure representation include
performing a title search, conducting the foreclosure
sale, and preparing and recording a trustee's deed.
Representation
is generally on a flat fee basis, plus costs of
publication and recording fees.
Neither the firm
nor any of its members are certified as Civil Trial,
Consumer Bankruptcy, Business Bankruptcy, or
Creditors Rights Specialists by the Tennessee
Commission on Continuing Legal Education and
Specialization.
©2003. Grisham, Knight & Hooper. All Rights Reserved.
