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As bankruptcy attorneys located in Phoenix and surrounding areas such as Scottsdale, Tempe, Avondale, and Prescott, we have a good perspective on the Phoenix real estate market. And, unfortunately, it is not improving. In fact, it continues to deteriorate. Not only are residents of Phoenix not buying real estate now, many potential deals are falling through at the last minute as buyers get “cold feet”. Foreclosures are on pace to be approximately the same as 2010. According to phoenix market trends, 49.1% of sales are bank owned, which means that there is a great deal of inventory that needs to be cleared before any recovery at all can even begin to occur in Phoenix. Furthermore and also according to phoenix market trends, 21.9% of the sales in the Phoenix area are short sales.
So, long story short, think hard before buying real estate at this juncture because Phoenix real estate may have to go down a bit further before hitting a bottom. If you are the owner of distressed property and/or are behind in your payments on your house or rental property, please give us a call because we may be able to help your situation with a bankruptcy. A bankruptcy may give you the ability to stay in your home and catch up on your house or rental property payments. Give us a call at 480-845-0145 or contact us through e-mail and schedule a free consultation today so that we can explore your different options.
This article is for informational purposes only and should not be construed as financial advice in any way.
Why should you hire our firm to represent you in bankruptcy?
Great question. Here are a few reasons:
- 1. Bankruptcy is our sole area of practice. Attorney Wright has over 10 years of experience in the field of bankruptcy and has helped over 1000 people successfully file.
- 2. Attorney Wright has an accounting background that is useful in analyzing complex financial documents. Prior to law school he obtained a degree in accounting from the University of Wisconsin School of Business. He exercised his strong numerical aptitude in the field of accounting, including several years with The Kohler Co., before ultimately deciding to pursue a law degree.
- 3. New clients meet with an attorney during their first visit. We understand your time is valuable. It is important your questions are answered quickly and accurately so you can take appropriate steps to secure a better financial future and eliminate fear and stress.
4. In business, referrals are the highest form of professional compliment. We frequently receive referrals from other lawyers and previous clients.
- 5. Our firm is small which enables us to focus on quality over quantity. We don’t have billboards on the I-10 or banners affixed to public transportation. Our approach is a bit more understated. We care about people and doing things right and it shows in our low employee turnover and positive reviews.
- 6. Perhaps the most important consideration is the cost of filing bankruptcy. We continuously assess our fees to ensure we offer fair and competitive pricing. We want to offer you a deal without sacrificing the quality of your experience.
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What our clients are saying…
Mr. Wright and his staff were amazing. They made a negative situation a lot better and turned it into a positive. Could really tell they care helping people and I will refer their Phoenix Bankruptcy Attorney firm to friends and family. Thanks again.
I called around looking for the right bankruptcy lawyer and came across Benjamin Wright. He personally called me for the consultation seeing how I live in Kingman AZ. He was very helpful from the start and his staff was very friendly and explained any questions I had, sorry for all the questions. I would definitely recommend Wright law offices, and I do!! Thanks for everything, you made what seemed like a hard thing to do simple!! You guys rock!!!
Great lawyer, he really helped my mother out of a jam. She was totally new to bankruptcy and he talked with us for about an hour and a half to make sure she wouldn’t be worried.
Ben is a kind and down to earth attorney. He worked around my busy schedule as a single mom (school, full-time job, and daycare pick up and drop off times). He explained absolutely everything to me and was good about e-mailing. I am writing this review as a THANK YOU.
I had a very positive experience with Attorney Wright. He or his staff returned my e-mails and calls promptly (even after business hours occasionally). His fees were reasonable. He was patient with me when I showed up in court missing an important document. He is aggressive, but fair and nice.