bankruptcyDiane’s passion lies in lifelong learning and the education of others. Our clients come to us at a time they are overwhelmed and scared.  Everyone has a right to a peaceful night’s sleep without the worry of unwanted phone calls, lawsuits or their wages being garnished.  We want all our clients to have that peace of mind and know we are in their corner.  Some attorneys went to law school to make their fortune; I committed my life to make a difference for those who need a helping hand and to help educate everyone about bankruptcy.

“The proper function of man is to live, not to exist. I shall not waste my days in trying to prolong them. I shall use my time.” – Jack London


Golden Bridge, Thien Thai garden, Ba Na Hills (Da Nang)

Golden Bridge, Thien Thai garden, Ba Na Hills (Da Nang)

This picture represents our philosophy in how we work with our clients.  We don’t carry our clients across the bridge from their old life to their new life; instead we support them on their path to their fresh start.  Our clients have to be willing to work in order to complete this journey.  Diane L. Drain

Diane L. Drain

I love my work.

As a well known Phoenix bankruptcy attorney, Diane truly believes that “when you find your passion, going to work every day is a joy, not a job.” Her clients and fellow lawyers can attest to her passion and commitment to excellence. She practices only the areas of bankruptcy and foreclosure laws.

For many years our clients & fellow lawyers rate my work as the highest possible.

Diane is a retired professor of law and taught bankruptcy since 1990 to both law students and the general public.  Diane’s clients and peers have given her the highest rating possible on AVVO – 10 out of a possible 10 and AV on Martindale-Hubbell where, for many years, she received the highest possible rating in both legal ability and ethical standards.

The code I have always followed:

To quote Abraham Lincoln: “Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser – in fees, expenses, and waste of time. As a peacemaker the lawyer has a superior opportunity of being a good man. There will still be business enough.” [“The Collected Works of Abraham Lincoln edited by Roy P. Basler, Volume II, Notes for a Law Lecture, July 1, 1985, p. 81” ]

My mantra:

“What we have done for ourselves alone dies with us.  What we have done for others and the world remains and is immortal”  Albert Pike

As an Arizona bankruptcy attorney I have always been a conservative and practical advocate for all of my clients.

Diane has worked as a lawyer in Phoenix, Arizona since 1985. She is an advocate for Arizona consumers and fights for their rights in the Arizona Bankruptcy Court.

5 starsI 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 her website and returned numerous times to understand the process. I found it one of the best and most informative sites on the subject and just decided that whoever was behind all that information was the person I needed. I remember my first visit, I cried thinking my life was over and she quickly alleviated all my fears. There were no demons or dragons. It my constitutional right to be free of debt. For the first time, I felt empowered and had faith that she would get me past this chapter of my life. Indeed she did. Ten years later, after a major backpacking injury, disability and subsequent loss of employment ( I had been basically debt for all those years in between) I needed her again and returned. Her sound advice, again, helped me get my life back, as I knew she would. I’ll be forever grateful. Diane and Jay are a class act. No one does it better.

V.M., I cried thinking my life was over and she quickly alleviated all my fears.

Diane is very thorough and has a wealth of experience. She and does not do the work for you and there is a significant amount of paperwork that needs to be completed. Having said that, she walked me through every step of the way, but Diane held me accountable for working with her on completing the necessary paperwork so I was involved in every step of the process. Diane and Jay were always very positive and consistently receptive in answering and returning phone calls and emails in a timely manner.

T.J., This was my bankruptcy, not Diane’s..

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.


Diane Drain, and her amazing teammate, Jay were two of the most helpful, caring individuals I have met in a long, long time. The process of bankruptcy is daunting, having a guiding hand and experienced consul are an extremely important aspect. Remember, this is your bankruptcy, and you get out of it what you put in. It is hard work. It is not easy. If you follow Diane’s outline and are proactive, it will go on track and follow its course. If you do not, you will face challenges. Be prepared, trust in Diane, trust in Jay, and her team, you will climb the mountain and be successful.

K.B., Remember, this is your bankruptcy, and you get out of it is what you put in.

You and Jay are the best attorneys I have ever had or needed and thank God for the Honorable Robert Gottsfield in recommending you folks – I would have never made it through the entire process without you and Jay and God Bless you both always and stay in touch as well. You folks are the BEST OF THE BEST in Arizona.

M.H., You folks are the BEST OF THE BEST in Arizona.

5 starsI can’t say enough good things about Diane. The way she handled my not typical circumstances was amazing. I was very nervous to start the bankruptcy process but Diane just has a very comforting way of explaining the whole process. Communication is key when entering into a bankruptcy and there was never a time when I was unsure about where I stood. Diane and Jay were always willing to take their time to answer any questions I might have. My only regret is that I didn’t find Diane sooner. If you find yourself in a financial situation that you can’t correct on your own, please Call Diane Drain as soon as possible.

K.H., My only regret is that I didn’t find Diane sooner.

We take our commitment to our clients very seriously.


  • We will listen to you.
  • We will never treat you as though you just walked onto a used car lot.
  • We will treat you with respect, compassion and courtesy
  • We will answer your questions and return your calls in a reasonable time.
  • All of your legal work will be done directly with a lawyer, not a paralegal or secretary.
  • We will explain legal concepts in simple English and not use complicated legal jargon.
  • With your help we will keep our fees to a minimum.
  • As a retired law professor I know the importance of education. Therefore, we will provide lots of free education.
  • We will anticipate pitfalls and help you avoid them.
  • We will anticipate your needs and be ready to guide you to the next step.
  • We will not suggest bankruptcy if there is a feasible alternative.
  • We will help you plan for your future after bankruptcy or foreclosure.
  • We are always happy to provide references from prior clients or other attorneys.
  • If we cannot help you we will offer referrals to fellow lawyers.


Every area of law has become far too complicated for most, including good lawyers, to understand everything.

  • Many believe they cannot afford good legal advice. That may be true for some, but NOT for consumers seeking advice regarding bankruptcy because the initial advice is free, at least at our office.
  • Bad “legal advice” is everywhere: the Internet, neighbors and friends, plus incompetent lawyers and document preparers.
  • Many people believe that they can prepare their own legal documents: bankruptcy, complicated tax returns or plan their own estate. They do not understand the planning that goes into every bankruptcy. Without proper planning they will lose their tax refunds or other non-exempt property. Worse yet is that they repaid relatives or transferred assets, then filed bankruptcy. Now the bankruptcy trustee demands that the relatives return the funds or face a law suit. When this falls apart the same people who filed their own bankruptcy pay hundreds of dollars to hire a lawyer, but find that once the problem is created it cannot be undone without a lot of work, if ever. This is like doing your own open heart surgery, then going to the hospital to repair the damage you caused. Not a good idea.

Remember the old adage – “do it right the first time”.


The above information is fine if you want a resume’, but are you wondering why Diane chose bankruptcy law as her primary area of practice – here is an insight as to her philosophy and love of the practice please read the article The reasons why Diane Drain chose to help consumers and creditors. It is a good analysis of her view of the importance of bankruptcy on families, the community and the entire national economy.