Tag Archives: Foreclosure

Filing Bankruptcy In Phoenix: Should I Short Sale My Home?

With the collapse of the housing market, it is relatively common for a homeowner to be underwater with regards to their home mortgage. My clients are no exception. Thus I am often asked about short sales, and how they relate to bankruptcy proceedings. Before we get ahead of ourselves, I should first make sure we [...]

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Can a Second Mortgage Lender Foreclose On My Home?

I recently met with a client who was debating filing for Arizona chapter 7 bankruptcy protection. This client owned his family home, but had two mortgages against its value. He wanted to reaffirm the primary mortgage rather than include it in the bankruptcy proceedings as he wanted to retain the family home. He did not want to [...]

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