Lenders hold troubled assets in loan portfolios. For some loan defaults, foreclosure is the only remaining option. Our foreclosure attorneys know Arizona foreclosure law having conducted both judicial and non-judicial foreclosures, as well as collecting on collateral and deficiency balances, and completing numerous forfeiture proceedings. They assist lenders to recoup their capital investment by filing deficiencies claims, when appropriate, and obtaining judgments against borrowers and guarantors. When needed, our foreclosure attorneys work with appointed third-party receivers to take possession then protect and control the property while the foreclosure is completed.
We have helped shape legislative reform in foreclosure laws and remain active in the Arizona Trustee’s Association, which acts as the industry lobbyist. For more than thirty-five years, our foreclosure and real estate attorneys have been assisting lenders with troubled real estate assets.