Over 30 Years Experience
Work with Phoenix’s Top Rated Attorney
Martindale-Hubbell AV-Rated Attorney
View Rating [+]
Our mission is to explain the intricacies of bankruptcy
and foreclosure laws in easy to understand terms. We
are also committed to helping you plan for your future,
not just address your current situation.”
Welcome to the
LAW OFFICE OF D. L. DRAIN, P.A.
Arizona’s Top Rated* Bankruptcy & Trustee Sale Attorney
WHY HIRE US? Because we are here for you and committed to treat you with respect. You are not just a number and a paycheck. Instead, you are a unique person with unique needs. We are dedicated to help you help yourself at a very difficult time in your life. We offer you a free consultation with Diane. Please take advantage of that opportunity before deciding what the best step is for you and your family.
You may wonder why I decided to concentrate on bankruptcy as my primary area of practice. It’s simple – this is an area of law that reminds me of why I went to law school – to help others in their time of need. My goal is to be an experienced guide for my clients. Help them to traverse the crevasses between their needs, the law and the bankruptcy system. I don’t tell my clients what to do; I explain the legal and practical issues in order for them to make informed decisions.
Speak Directly to Diane Drain
Your free bankruptcy consultation is personally provided by Diane Drain to help you on your road to a fresh start.
As a law professor I share with my students how bankruptcy laws resemble magic. When a bankruptcy is filed a “magical” umbrella, called the automatic stay, protects the debtor and their property. This umbrella is so powerful that it stops almost everyone in their tracks – even the IRS. Unless a court orders otherwise a mortgage company, bill collector or creditor cannot meddle with the debtor or any property of the debtor.
Warning: bankruptcy is complicated and must be treated with respect. Many people file bankruptcy on their own or using inexperienced attorneys. This can be the beginning of a nightmare. These folks lose their tax refunds, vehicles, inheritance and certain property that is important to them. Normally these problems can be avoided if a bankruptcy is planned properly.
Our reputation is built on our client’s trust that we could help them during a very difficult time. Our commitment to each client is to provide them the best guidance we can. Here are some comments from my clients.
* Rated by peers and clients as superb (AVVO), rated by clients as five star (Google+), by peers as AV (highest rating possible).
Bankruptcy
We are dedicated to helping Arizona residents and small businesses protect both their assets and their future; whether through bankruptcy or other options. It is very important to us that everyone understand their rights and how to use all available resources to protect their property.
Foreclosures
Since 1985 our firm has represented hundreds of lenders, from large national firms to individual lenders. As a result we have the expertise to assist both Arizona homeowners and Arizona lenders who are faced with the challenges of a trustees sale, foreclosure, short sale, loan workout or eviction.
Client Testimonials
About
Meet Diane L. Drain
Diane truly believes that “when you find your passion, going to work every day is a joy, not a job.” Her clients can attest to her passion and commitment to excellence. In 1990 Diane L. Drain left her large firm to open her own law firm, Law Office of D.L. Drain, P.A. which focuses on debtor and creditor rights and real property lien enforcement. Diane is licensed by the State Bar of Arizona, the United States District Court of Arizona and regularly appears before the United States Bankruptcy Court. She is a conservative and practical advocate for her debtor and creditor clients. Diane is a retired law professor, where she taught bankruptcy, and since 1988 she teaches bankruptcy and foreclosure at the Arizona School of Real Estate. She is also a mentor for fellow bankruptcy lawyers. More about Diane.
My wife and I would highly recommend Diane Drain to any one who is considering bankruptcy. She handled our case professionally and in a very timely manner. Diane and her team made a long, frustrating process pretty painless. Thank you Diane!!- Signed D & B
Bankruptcy
Experienced Bankruptcy Lawyer in Phoenix, Arizona
We are dedicated to helping Arizona citizens and Arizona small companies protect both their assets and their future; whether through bankruptcy or other practical avenues. It is extremely important to us that everyone understand their rights and are able to use all available legal resources in protecting their property.
Bankruptcy is a very complicated interplay of several laws and should not be undertaken without adequate representation. Each state has a different set of laws or procedures related to bankruptcy. Do not use document preparers or inexperienced attorneys who do not practice bankruptcy law full time. Most bankruptcy lawyers offer free consultations.
I understand that you are afraid. I also understand that even calling me is scary. I am as much a teacher as a lawyer.
Trustee Sale
Reliable Arizona Trustee Sale & Foreclosure Attorney
Since 1985 our firm has represented hundreds of lenders, from large national firms to individual lenders and completed thousands of trustee sales. As a result we have the expertise to assist both homeowners and lenders who are faced with the challenges of a trustees sale, foreclosure, short sale, loan workout or eviction.
Excess Proceeds
Arizona Excess Sale Proceeds
This firm is extremely proud that we have returned more than $800,000 to homeowners after the trustee’s sale is completed. This is a process that allows the original homeowner to recoup some of their equity in their home that was foreclosed.
For Lawyers
Basic Legal Information for Lawyers
The practice of law becomes more complex each day. The day of the attorney who “does it all” is rapidly waning. Not because one attorney cannot provide good legal and practical advice in several areas of law, but because they probably should not.
Each day there are new laws, new court decisions, new policies or administrative procedures that directly influence existing laws. Each of these changes impact other areas of law. For instance, a change in the tax law affects bankruptcy or real estate law. Or, a federal court decision directly impacts existing state laws.
Recent Posts
Debt settlement a bad alternative to bankruptcy
Debt settlement a bad alternative to bankruptcy By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune) Many people believe that hiring a company to settle their debts is better on their credit, will cost them less in the long run and will generally be better than a bankruptcy. This is what […]
Do Student Loan Debts Die With You?
“This is What Happens to Student Loans When You Die”. The following is a summary of USA Today article. It is important that you know the type of student loan (federal or private), the guarantors of the student loan (parents, etc), and the law of the state where you live. This article cannot walk you […]
Wells Fargo Discloses More Fraudulent Accounts
Once again the New York Times reports on Wells Fargo’s fraudulent account scandal. No, this is not the same one from 2016, this is a new one where the bank just “found” more than a million additional unauthorized accounts, raising the total to 3.5 million accounts. “Every time we get one of these announcements, the […]
Why Chapter 13 Bankruptcy Can Be Doomed for Failure
The American Bankruptcy Institute ‘ABI’ released a report addressing the astronomically high failure rate of chapter 13 bankruptcy. The findings are not surprising for those of us who work in this world, but are shocking for the rest of the consumer community. It is likely that many bankruptcy judges have never had a successful chapter […]
