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  • Our Story
    • 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 the Paperwork: It’s Not Just Filling Out Forms, and Understanding The Attorney’s Role
      • 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
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  • AZ Foreclosure, Eviction & More
    • AZ Trustee’s Sale & Foreclosure Overview
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    • AZ Trustee’s Sale
      • AZ Trustee’s Sale Overview
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      • AZ Trustee’s Sale & Foreclosure Videos
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Category: Real Estate

Real estate issues related to property located in Arizona.

  • 2017 – New Loan Modification Program for FNMA & FREDDIE Mac

    Published On: March 21, 2017

    Fannie, Freddie Create New Mortgage Loan Modification Program By Geoff Walsh, a staff attorney at the National Consumer Law Center (NCLC) who focuses on foreclosure prevention, consumer bankruptcy, and other consumer credit issues.  An active [...]

  • student loan

    Nationstar Mortgage to Pay 1.7M For Failure to Report Accurate Loan Data

    Published On: March 20, 2017

    Nationstar Mortgage fails to report accurate mortgage transactions Nationstar to pay 1.75 Million for failure to report accurate loan data. The Consumer Financial Protection Bureau (CFPB) took action against Nationstar Mortgage LLC for [...]

  • foreclosure sign

    Another Loan Workout Nightmare, plus Resources for Saving Your Home: Arizona

    Published On: April 26, 2015

    Hundreds of thousands of people try to save their homes are defrauded by “mortgage modification” and other scams. Desperate people find themselves and their family on the street after trying [...]

  • house made of money

    CFPB Issues Guidance on Housing Counselor Requirements

    Published On: April 15, 2015

    Why Do Some Law Firms Act Like Used Car Sales Lots? The Consumer Financial Protection Bureau (CFPB) (4/15/15) issued a final interpretive rule on how to provide mortgage applicants with a list of local homeownership [...]

  • foreclosure, auction and eviction

    Fannie Mae Auctions “Sour” Mortgage Loans

    Published On: April 4, 2015

    Fannie Mae clearing books of non-performing loans. Is this the beginning of a new foreclosure cycle? Why Do Some Law Firms Act Like Used Car Sales Lots? According to Bloomberg News: Fannie Mae will begin [...]

  • Using house as a credit card machine

    Increase in Credit Card Debt & Risky Home Loans

    Published On: March 13, 2015

    Increased Credit Cards and Risky Home Loan Reach Highest Levels Since 2008 The answer is "yes" Credit card debt and risky home loans increase According to an article in ACC International (an Association of Credit [...]

  • CFPB Takes Action Against Wells Fargo and Chase for Illegal Mortgage Kickbacks

    Published On: January 26, 2015

    Wells Fargo and Chase to Pay $35.7 Million After Loan Officers Illegally Traded Referrals for Cash and Marketing Services ILLEGAL MORTGAGE SCHEMES: The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General took action [...]

  • Arizona Supreme Court

    AZ Supreme Court Clarifies Anti-Deficiency Protection for Residential Property

    Published On: January 25, 2015

    Arizona anti-deficiency law for residential property clarified by the Arizona Supreme Court. The answer is "yes" Arizona Revised Statute: 33-814 G. If trust property of two and one-half acres or less which is limited to [...]

  • garnish wages

    47% of Home Buyers Do Not Compare Mortgage Rates

    Published On: January 19, 2015

    Almost half of all borrowers only consider one lender or broker before deciding where to apply for a mortgage loan. Financing the purchase of a home is the most expensive loan you will ever enter [...]

  • Stories From a Bankruptcy Attorney – the good, the bad and the moronic.

    Published On: December 24, 2014

    As an Arizona attorney with more than 25 years experience in bankruptcy and foreclosure I see people making desperate economic decisions they later regret. I deal with this behavior by mumbling under my breath (and [...]

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5 / 5

We are very happy we were referred to Diane for assistance

"We are very happy we were referred to Diane for assistance." S.G. Diane helped my husband and me get past a difficult chapter in our lives. She answered all our questions and gave us excellent advice. We followed her directions from start to finish and the process went [...]

5 / 5

There will never be a way to repay all you did for us

"There will never be a way to repay all you did for us." J & P I thought lawyers were all greedy. You made sure we could afford your fees which allowed us to keep our car. There will never be a way to repay all you did [...]

5 / 5

There were no demons or dragons. It my constitutional right to be free of debt

There were no demons or dragons. It my constitutional right to be free of debt. V.M. I first met Diane in 2009. I was losing control of my finances and therefore my whole life seemed a day to day mix of anxiety and fear. I landed on [...]

5 / 5

You literally saved my sanity and helped me get back on track.

You literally saved my sanity and helped me get back on track. D.S. Diane Drain and her paralegal, Jay McClimon were absolutely top-notch and experienced in every respect. She's experienced, kind, and compassionate - 3 qualities you really want in a bankruptcy attorney. I had been feeling [...]

5 / 5

Words cannot express the gratitude!

"Words cannot express the gratitude!" Anonymous Words cannot express the gratitude we have for you! Rate Ms. Drain’s services: 5.0 out of 5.0.

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

It was a pleasure and privilege to be your client

"It was a pleasure and privilege to be your client." K. Thank you. It was a pleasure and privilege to be your client. I am continually grateful that I was led to you to help me through my bankruptcy process. You are truly the best of the best and [...]

5 / 5

Diane is the resource you need.

"Diane is the resource you need." K.M. If you are reading this; you probably need the services of a bankruptcy attorney and you’re worried and maybe a little frightened of the entire process and it’s impact on your life. Please trust us when we tell you that Diane is [...]

5 / 5

Thanks for all of your help that you provide

“Thanks for all of your help that you provide” D.H. I read all of Diane’s messages and she seems to be a very bright and informed woman. Thanks for all of your help that you provide to people that need your help by your messages. [...]

5 / 5

My very sincere and heartfelt thanks

"My very sincere and heartfelt thanks." Anonymous My very sincere and heartfelt thanks. I am so very glad that I came across your site as I was educating myself on the situation and that I didn’t go with the first attorney I spoke to. You made this [...]

5 / 5

I feel better mentally and physically, just like you said I would

"I feel better mentally and physically, just like you said I would!" M. Thank you once again for your incredible knowledge and persistence with these people. Ever since we have done the filing, I feel better mentally and physically, just like you said I would. [...]

5 / 5

OTHER REVIEWS – “She took her time to answer questions, even on a Sunday.”

“ She took her time to answer every single one of my questions and guided me how to go about resolving my issue” Mauro Rodriguez I just want to thank Diane for such professionalism, knowledge, and for being so patient and attentive. I called on a Sunday [...]

5 / 5

Her knowledge and ability to ask the right questions enabled myself to have a plan of action

Her knowledge and ability to ask the right questions enabled myself to have a plan of action. L.G. I can’t begin to adequately express how professional, caring and dialed in Ms. Drain was when I consulted with her.  Her knowledge and ability to ask the right questions enabled myself [...]

5 / 5

Our situation was complicated by having moved here recently from another state, but that posed no problem for them

“Our situation was complicated by having moved here recently from another state, but that posed no problem for them” R.B. Diane and Jay did a great job for us. Diane is a very knowledgeable, experienced, and well-connected bankruptcy lawyer. She instructed us well, was invaluable in getting [...]

5 / 5

Absolutely top notch

"Absolutely top notch" D.W. Absolutely top notch.   All my questions were answered.    Would definitely recommend this firm to anyone.

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 [...]

5 / 5

Diane and Jay were very patient with us

"Diane and Jay were very patient with us" N & J Diane and Jay were very patient with us in explaining every important detail involved in our case which helped ease the anxiety that sometimes came when we felt unsure about certain questions, Thank you. [...]

5 / 5

answered all of my questions thoroughly

"answered all of my questions thoroughly" E.L. Diane and Jay were amazing! They made everything so easy and answered all of my questions thoroughly. I appreciate all the help and guidance I received throughout my filing experience. I would highly recommend Diane to anyone looking into bankruptcy. [...]

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

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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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