Residents of Arizona have not been immune from personal financial challenges caused by the struggling economy. Some have had to file for personal bankruptcy to stop foreclosure on their homes while others have participated in mortgage modification programs. Information is now coming out of foreclosure actions around the country revealing bank practices that have prevented [...]
The good news for Arizona homeowners is that foreclosure rates declined significantly. And according to reports, there are now fewer Arizona homeowners who are seriously late on their mortgage payments. The report considers houses that are not yet listed for sale, but that are more than 90 days delinquent on mortgage payments and in [...]
Phoenix Bankruptcy Attorneys and people wanting to file bankruptcy need to be aware that a trustee sale on real estate is not complete in Arizona until the actual tender of funds occurs. The tender of funds is another way of saying the actual funds are delivered from the buyer to the bank (or other foreclosing [...]