Arizona law explaining how a trustee’s sale (called a foreclosure) work. Some very practical tips and flow charts.

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

Yet another loan workout or modification scam.  I am disgusted by the number of calls we receive every week detailing a company or lawyer who takes someone’s hard earned money and fails to deliver on their promise to modify the home mortgage.

AZ Supreme Court Clarifies Anti-Deficiency Protection for Residential Property

Trustee Sales or Foreclosure

What is a Trustee’s Sale or Foreclosure?


A trustee’s sale or foreclosure is the process that the lender may use when the loans are not paid or there is some other default of the original loan agreement.

The law of the state where the property is located controls the foreclosure or trustee sale process. The links to this page deal solely with Arizona law as governing Arizona real property.

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

Flagstar Bank to Pay Homeowners 27.5 Million For Illegal Acts

Will Countrywide CFO be Sued by Dept of Justice?

According to the New York Times – Angelo R. Mozillo, the co-founder and former chief executive of Countrywide Financial, may soon face a civil lawsuit from the Justice Department.   This disclosure comes almost seven years after the subprime mortgage machine he created and oversaw began its rapid decline in August of 2007 leaving investors and […]