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Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"
  • Our Story & Reviews
    • About Diane L. Drain
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    • AZ Real Property Tax Liens
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    • AZ Eviction – Forcible Entry
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      • AZ Eviction Videos (coming soon!)
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    • Foreclosure and Eviction Video Library (VLOG)
  • Resources
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Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"
  • Our Story & Reviews
    • About Diane L. Drain
    • Why Hire Diane?
    • How Can We Help You?
    • Reviews from Clients & Fellow Lawyers
    • Diane’s Honors & Awards
    • Formula for Simple Living
    • Bankruptcy History & Religion
    • Life Tips and Humor
  • Bankruptcy
    • General Review of Bankruptcy
    • Bankruptcy for an Individual
    • Bankruptcy For Small Business
    • Bankruptcy Help For Creditors
    • General Bankruptcy FAQs
    • Bankruptcy Articles & Links
    • Tools & Downloads
      • Beyond Bankruptcy Forms (PDF)
      • Arizona Exemptions (download)
      • Federal Exemptions (download)
      • Chapter 7 Flowchart (download)
      • Chapter 13 Flowchart (download)
      • Bankruptcy Terms in Plain Language
      • How to Protect Your Social Security
      • Superior Court Process & Helpful Links
      • Important Chapter 7 & 13 Deadlines
    • Bankruptcy Videos
    • Bankruptcy Glossary
  • AZ Real Estate
    • AZ Real Estate Overview
    • AZ Real Estate FAQs
    • AZ Real Estate Law
    • AZ Real Estate Articles & Links
    • AZ Real Estate Glossary
  • AZ Foreclosure, Eviction & More
    • AZ Trustee’s Sale & Foreclosure Overview
    • Trustee’s Sale & Foreclosure Law & Case Law
    • AZ Trustee’s Sale
      • AZ Trustee’s Sale Overview
      • AZ Trustee’s Sale Law & Case Law
      • AZ Trustee’s Sale FAQs
      • AZ Trustee’s Sale Articles & Links
      • AZ Trustee’s Sale & Foreclosure Videos
    • AZ Judicial Foreclosure
      • AZ Judicial Foreclosure Overview
      • AZ Judicial Foreclosure Law & Case Law
      • AZ Judicial Foreclosure FAQs
      • AZ Judicial Foreclosure Articles & Links
    • AZ Real Property Tax Liens
      • AZ Real Property Tax Liens Overview
      • AZ Tax Lien Foreclosure Law & Case Law
      • AZ Real Property Tax Liens FAQs
      • AZ Real Property Tax Liens Articles & Links
    • AZ Eviction – Forcible Entry
      • AZ Eviction Overview
      • AZ Eviction Law & Case Law
      • AZ Eviction FAQs
      • AZ Eviction Articles & Links
      • AZ Eviction Videos (coming soon!)
    • AZ Excess Sale Proceeds
      • AZ Excess Sale Proceeds Overview
      • AZ Excess Sale Proceeds Law
      • AZ Excess Sale Proceeds FAQs
      • AZ Excess Sale Proceeds Articles & Links
    • AZ HOA Foreclosure Law & Case Law
    • AZ Deed in Lieu of Foreclosure
    • Foreclosure and Eviction Video Library (VLOG)
  • Resources
    • Law Blog
    • Video Library
  • Contact Us
  • For Lawyers
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Category: Consumer Issues

Consumers have protections from their creditors, but consumers also have liability to their creditors. Knowing your rights and obligations is the best way to make informed decisions.

  • statute of Limitations

    35% of All Americans are Faced With Claims From Debt Collectors

    Published On: August 17, 2014

    The fact that debt collection affects one in three Americans is astounding. The other day, a caller said, "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social [...]

  • FICO Credit Score Calculations Changing for the Better

    Published On: August 8, 2014

    FICO to give less weight to unpaid medical bills that are with a collection agency. The other day a caller said “I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to [...]

  • tax refunds

    Services Available to Help Arizona Homeowners

    Published On: August 7, 2014

    The Attorney General’s office has a wide range of statewide assistance programs funded through the national mortgage settlement that could help those having problems paying their mortgage. The other day a caller said "I used [...]

  • US Supreme Court Finds Inherited IRAs Not Protected in Bankruptcy

    Published On: June 12, 2014

    The District Court ruled inherited IRAs are exempt because they retain their character as retirement funds, but the US Court of Appeals for the Seventh Circuit reversed that ruling. With this off the question went [...]

  • Judge Agrees with Creditors Jacoby & Meyers Should be in Bankruptcy

    Published On: May 29, 2014

    Bankruptcy Judge agrees with creditors that Jacoby & Meyers Bankruptcy should be in bankruptcy in order to better protect its creditors. “This is a case that needs to exist,” U.S. Bankruptcy Court Judge Shelley Chapman [...]

  • Creditors Urge Court to Force Jacoby & Meyers Bankruptcy into Chapter 7

    Published On: May 22, 2014

    Creditors want Jacoby & Meyers forced into chapter 7 bankruptcy. According to the Wall Street Journal, May 21, 2014 - creditors of Jacoby & Meyers bankruptcy firm are very unhappy because the dissolved firm is [...]

  • Diane L. Drain

    Diane received AVVO 2014 Top Contributor Award

    Published On: May 21, 2014

    Diane Drain received the Top Contributor Award from AVVO. This award is given to attorneys who answered legal questions asked on AVVO.com Diane L. Drain, bankruptcy attorney, retired law professor, mentor and community spokesperson. [...]

  • bankruptcy

    Richard S. Berry aka Why Pay a Lawyer – indicted by the feds for fraud, bribery

    Published On: May 19, 2014

    In the United States of America vs. Richard Sylvester Berry. (Why Pay a Lawyer) Charges filed allege the business and Richard Berry are in violation of multiple federal laws prohibiting bankruptcy fraud, bankruptcy bribery, and [...]

  • house precariously sitting on jinga blocks

    Arizona Real Estate Investors Lose Anti-Deficiency Protection at end of 2014

    Published On: May 19, 2014

    Arizona anti-Deficiency Law: Since 1971 Arizona law has normally protected the borrower who defaults on a home loan. A lender could foreclose, but could not sue the borrower if the loan was on property 2 [...]

  • Arizona Homeowner’s Association Dues, with some Bankruptcy References

    Published On: March 26, 2014

    Homeowners’ association received special treatment in bankruptcy. Depending on your situation it is possible that both federal and state law comes into play. Do you have a homeowners association?  Do you want to know your [...]

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5 / 5

I can not imagine being treated with more professionalism

"I can not imagine being treated with more professionalism!" S. I want to express my appreciation to you and your assistant Jay for all your hard work. I can not imagine being treated with more professionalism and respect that you did. Going to the entire bankruptcy process [...]

5 / 5

Your fees are extremely reasonable

"Your fees are extremely reasonable!" N. We cannot thank you enough for helping us through this difficult and embarrassing situation. After our first phone conversation I had no doubt you would be able to help us and that you actually cared about our situation. So many larger firms [...]

5 / 5

Diane, Thank you so much!

"Diane, Thank you so much!" G.S. Diane, Thank you so much! You did a fantastic job and made this complex process so easy to understand. As you know I interviewed a different Attorney first. I’m so happy I choose you! You are by far the most informed person on [...]

5 / 5

Diane and Jay Answered All Our Questions

“They answered all our questions patiently and thoroughly explained the legal processes and what we could expect so there were no surprises. .” T.D and R.I. Diane and Jay are an absolutely phenomenal professional team. Bankruptcy is not an easy undertaking and there [...]

5 / 5

Diane was very concerned and compassionate

"Diane was very concerned and compassionate." Anonymous Filing bankruptcy was not an easy decision but Diane made the whole process very easy and understandable. As a client you have a lot of control as to your personal outcome. Be diligent, do the homework, and complete all the information [...]

5 / 5

Diane and Jay are extremely attentive and thorough

“Diane and Jay are extremely attentive and thorough.”  W.R. I want to thank you so much for assisting us in getting this squared away. Diane and Jay are extremely attentive and thorough in getting things taken care of. Merry Christmas  W.R. […]

5 / 5

We were extremely pleased

"We were extremely pleased!" Anonymous We were extremely pleased with the quality and level of support you and Jay provided. We had shopped around a bit before contacting you and once we did the comparison with other attorneys and bankruptcy “mills” was extremely and significantly positive. [...]

5 / 5

I was in financial turmoil for various reasons and was running scared

"I was in financial turmoil for various reasons and was running scared" G.S. Five years ago, I was in financial term oil for various reasons and was running scared. I did not know what to do or how how was going to get out of the mess [...]

5 / 5

A Fresh Start Feels So Good

A fresh start feels so good! I am now looking forward to purchasing a home in the near future. L.T. I had the wonderful experience of working with Diane Drain to get me through the bankruptcy process. Diane was a Law Professor for many years. She knows [...]

5 / 5

I Made the Right Decision in Choosing Diane

“I'm 100% convinced I made the right decision in choosing Diane. ” P.K. I have just received my discharge from the court. It's been a long journey and I can't emphasize how instrumental a role that Diane and Jay played in helping me navigate this journey. In [...]

5 / 5

To file bk was a very hard decision to have to make

"To file bk was a very hard decision to have to make" A.C. To file bk was a very hard decision to have to make. I felt like a failure. In my early 20’s my husband and I bought a home and financed it using an arm [...]

5 / 5

An expert who gets the job done!

"An expert who gets the job done!" B.R. An expert who gets the job done! We hired Diane Drain to handle a complicated eviction / Lift of Stay on a tenant who filed bankruptcy. Not only did she answer my multitude of questions in a timely manner, [...]

5 / 5

If there is more than 5 stars, I would Jump to give the highest

"If there is more than 5 stars, I would Jump to give the highest." P.G. If there is more than 5 stars, I would Jump to give the highest possible rating to attorney Diane Drain. Before I called Diane, we did our own research, read everything on their web [...]

5 / 5

She helped me find resources and gave advice even if she will not be benefiting

She helped me find resources and gave advice even if she will not be benefiting. R.B. Diane Drain is a very kind person. She helped me find resources and gave advice even if she will not be benefiting from the advice. Thank you Diane! [...]

5 / 5

Any questions we had were answered quickly.

“Any questions we had were answered quickly. ” L. C. Diane and Jay have been wonderful through this whole experience. I don’t know what we would’ve done without them. Any questions we had were answered quickly. I would highly recommend their law firm if you’re looking for [...]

5 / 5

This was a real learning experience!

"This was a real learning experience!" W.S. This was a real learning experience! Every time I met with Diane I learned new things. Each visit I became calmer about the situation because it was a big step in getting my life back in order. The educational experience [...]

5 / 5

Wonderful attorney

“Wonderful attorney” Anon She helped us with our bk 7 years ago and not only did she do a wonderful job representing us she taught us a few things about money! We are doing great now with great credit scores, a new home and cars all within [...]

5 / 5

Diane Helped me Maneuver the Process of Bankruptcy Through an Unusual Situation

“You can feel confident in her ability to provide you with any and all answers that may arise.  ” D.L. I can’t say enough about the professionalism for Diane Drain and Jay. She helped me maneuver the process of Bankruptcy through an unusual situation. I highly recommend Diane [...]

Law Off of D.L. Drain P.A., Arizona Bankruptcy Lawyer | "Helping You Get Your Life Back on Track"

(602) 246-7106

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Bankruptcy Questions

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We are a debt relief agency; we help individuals and small businesses through the bankruptcy process. Attorney Advertising. This website is designed for general information only. Any information you obtain from this website should not be construed as legal advice, nor as grounds for forming an attorney-client relationship. You should consult an attorney for information on obtaining formal legal advice.

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