CALL | (602) 246-7106
EMAIL | [email protected]
Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"
Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"

Diane L. Drain | Arizona Bankruptcy Lawyer

EMAIL
CALL

Arizona Bankruptcy & Foreclosure Blog

Home/Arizona Bankruptcy & Foreclosure Blog
Arizona Bankruptcy & Foreclosure BlogDiane Drain2022-07-26T06:58:04-07:00
1605, 2021

Summary of Foreclosure Alternatives – COVID-19 Hardships

By Diane Drain|May 16th, 2021|Deficiency, Foreclosure, Loan Modification|Comments Off on Summary of Foreclosure Alternatives – COVID-19 Hardships

There is so much mis-information about a forbearance of home mortgages during COVID-19.  Know your options before making a decision not to pay your mortgage. (11/18/21 UPDATE - see summary of foreclosure alternatives) This chart provides a summary of relief options available for borrowers facing a COVID-19 related hardships. [...]

1505, 2021

New Law Allows Creditors to Invade Arizona Homestead Protection

By Diane Drain|May 15th, 2021|Consumer Issues, Real Estate|Comments Off on New Law Allows Creditors to Invade Arizona Homestead Protection

On January 1, 2022, HB2617 will become the law of Arizona.  Your home is no longer protected from your judgment creditors, which will have a devastating effect on Arizona’s consumers, and especially those hardest hit by Covid-19. This bill was sponsored by Ben Toma, House Majority Leader, and pushed [...]

405, 2021

Tenants Can Hold Debt Collectors Accountable for Illegal Evictions

By Diane Drain|May 4th, 2021|Collection companies & Debt buyers, Consumer Issues|Comments Off on Tenants Can Hold Debt Collectors Accountable for Illegal Evictions

CFPB Rule Clarifies Tenants Can Hold Debt Collectors Accountable for Illegal Evictions Bureau Issues Interim Final Rule on Fair Debt Collection Practices Act (reprint April 19, 2021) The Consumer Financial Protection Bureau (CFPB) today issued an interim final rule in support of the Centers for [...]

2504, 2021

Bankruptcy, Explained by John Oliver

By Diane Drain|April 25th, 2021|Bankruptcy, Bankruptcy Articles & Resources, Chapter 7 Bankruptcy|Comments Off on Bankruptcy, Explained by John Oliver

There is so much mis-information about bankruptcy and how it works, or does not work.  Know your options before making any decision to file or not to file bankruptcy or participate in a "debt workout scheme". Below is a YouTube video presented by John Oliver, who does a fairly [...]

2004, 2021

HB2617 is a Trojan Horse – Will Take Away Decades of Protection for Arizona Homeowners

By Diane Drain|April 20th, 2021|Consumer Issues|Comments Off on HB2617 is a Trojan Horse – Will Take Away Decades of Protection for Arizona Homeowners

Arizona Bill wants Judgment Creditor to get paid before homeowners when house is refinanced (something Arizona law has not allowed since mid 1950s). Concerns about Arizona HB 2617, especially with the amendments: will allow old and new judgments to attach to homesteads. What the bill and amendments do:  There [...]

1504, 2021

Possible Change in Arizona Homestead Law & Refinancing

By Diane Drain|April 15th, 2021|Consumer Issues, Excess Sale Proceeds, Real Estate|Comments Off on Possible Change in Arizona Homestead Law & Refinancing

Are you planning on refinancing your home?  If so, you could lose protections from creditors under bill at Legislature Russ Wiles, Arizona Republic, Arizona Republic Interviews Diane L. Drain about Arizona homestead protection and exposure to creditors. Published 6:13 p.m.  MT Apr.  13,  2021 Homeowners who refinance their mortgages [...]

304, 2021

Even if You Are in Prison – File Required Bankruptcy Documents or Your Case Will Be Dismissed.

By Diane Drain|April 3rd, 2021|Bankruptcy, Bankruptcy Articles & Resources, Before filing bankruptcy|Comments Off on Even if You Are in Prison – File Required Bankruptcy Documents or Your Case Will Be Dismissed.

In prison?  If You Are Going to File Bankruptcy, You Must Follow the Rules – No Exception. In re Harrell, BAP No. EC-20-1091-BTL (9th Cir BAP, 3-20-21) Harrell is incarcerated at Folsom State Prison in California. He filed a “skeletal” chapter 7 bankruptcy case on [...]

304, 2021

CFPB Cracking Down on Mortgage Servicers

By Diane Drain|April 3rd, 2021|Foreclosure, Real Estate|Comments Off on CFPB Cracking Down on Mortgage Servicers

CFPB Compliance Bulletin Warns Mortgage Servicers: Unprepared is Unacceptable Servicers Should Gear Up for Expected Surge in Homeowners Needing Assistance (April 1, 2021 – reprint from CFPB) The Consumer Financial Protection Bureau (CFPB) today warned mortgage servicers to take all necessary steps now to prevent [...]

304, 2021

Bankruptcy Related Changes Under CARES Act and Consolidated Appropriations Act

By Diane Drain|April 3rd, 2021|Bankruptcy|Comments Off on Bankruptcy Related Changes Under CARES Act and Consolidated Appropriations Act

Bankruptcy Related Changes Under the CARES Act and the Consolidated Appropriations Act of 2021 February 9, 2021 By Andreozzi Bluestein LLP  By: Daniel F. Brown, Esq. (provided here for educational purposes only). The Consolidated Appropriations Act of 2021 The Consolidated Appropriations Act of 2021 (the “Appropriations [...]

2203, 2021

Stopping Unlawful Debt Collection Practices, CFPB 2020 Report

By Diane Drain|March 22nd, 2021|Debt Relief Agencies, Payday and other usury loans|Comments Off on Stopping Unlawful Debt Collection Practices, CFPB 2020 Report

CFPB Submits 2020 Report  to Congress on the Administration of the Fair Debt Collection Practices Act Report highlights commitment to protect consumers during the COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) released the 2020 annual report to Congress on the administration of the Fair Debt Collection Practices Act [...]

Go to Top