As is common today, thousands of homes that are being foreclosed are occupied by renters. Investors who buy these homes at the foreclosure auction generally only have one objective: to flip the property and make a quick profit. If a renter is occupying the property...
Month: October 2010
Arizona’s Anti-Deficiency Law and Short Sales
In our practice we have consulted with countless clients whose homes are currently worth substantially less than the outstanding balance of their loans and who are having a difficult time paying their mortgage for one reason or another. During these consultations, we...
Garnishments – Be Smart About Your PIN
Recently I had a business client come to me who was owed a good chunk of money from a contractor from a previous job. After sending a letter to the contractor demanding payment to which the contractor did not respond, we filed a lawsuit against the contractor in the...
Collecting A Debt – Garnishments
In this economy, I have met with countless clients and prospective clients who are drowning in debt. Whether it is a home equity line of credit, credit card debt, a business loan, or other unpaid personal or business obligations, there is a possibility and even the...