Phoenix homeowners in foreclosure:

Learn How to Stop Your Foreclosure Today

Foreclosure help in Phoenix, AZ

What to do if you're facing foreclosure

Keeping up with mortgage payments is sometimes impossible, and it can put good, hardworking people into really trying financial situations. All it takes is a few missed mortgage payments for a lender to start pressuring you with foreclosure. Whether you lost a job, you or someone in your family suffered an injury or illness, or another life event changed your financial footing, you have legal advocates that will fight for you. By getting in touch with an experienced Phoenix foreclosure bankruptcy lawyer, you can enter this process fully aware of your options and take the best course of action.

If you are facing foreclosure, it is time to act.

What you should know about bankruptcy

At Ark Law Group, our Phoenix attorneys can assist you in filing for chapter 7 and chapter 13 bankruptcy, both of which may be a viable short-term or long-term solution to keep you and your family in your home.

Filing for Chapter 7 bankruptcy

Chapter 7 bankruptcy has many purposes and can provide short-term help. If you have other non-home debts that are getting in the way of your mortgage payments, such as an auto loan or credit card debt, chapter 7 will allow you to halt payments for those items, which will most likely be taken back by the lender. Chapter 7 bankruptcy also applies an automatic stay, which can delay foreclosure. This means that lenders can no longer pursue payments, though they may attempt to have the stay lifted. Finally, if your home is being foreclosed, filing for chapter 7 bankruptcy can help you avoid deficiency tax.

Filing for Chapter 13 bankruptcy

Chapter 13 may be a better long-term solution than chapter 7, depending on your circumstances. By filing for chapter 13, your debts are not simply forgiven - as they are with chapter 7 - but are reorganized in a way that makes them more affordable to pay. Instead of owing a huge lump sum, your past mortgage payments may spread out over a period of time. If you can stay current on your future payments, and pay off the past payments during that timeframe, your home will be yours to keep. You will be safe from foreclosure during that period so long as you continue to pay your current mortgage.

Other ways you can avoid foreclosure

Lenders are hesitant to follow through with a foreclosure if there are other viable options because they tend to lose 30 percent or more of the home’s value during a foreclosure, according to Politifact.

At Ark Law Group, we pursue every option, whether that means bankruptcy, deed in lieu of foreclosure, a short sale, or a loan modification. Below, we've listed some of the options you should consider with your attorney. Contact us today to get help as soon as possible.

Happy Phoenix couple

Foreclosure defense options available to you

Foreclosure Defense

Foreclosure Defense

We take on your bank or servicer and make it a fair fight.

Loan Modifications

Loan Modifications

You may be eligible to get your monthly payment lowered.

Short Sales

Short Sales

You can possibly sell your home without owing any more money.

Bankruptcy

Bankruptcy

You can potentially save your home and stop foreclosure.

Mortgage Litigation

Mortgage Litigation

If your lender committed fraud we can sue them for damages.

Foreclosure Sale Postponements

Foreclosure
Sale Postponements

It's possible to postpone your sale date.

Relocation Incentive Programs

Relocation
Incentive Programs

You can get paid to either move or sell your home.

Minimum foreclosure timeline in Arizona

Find out what you can expect when faced with foreclosure

Arizona foreclosure timeline

Day 0

Borrower misses first payment

Day 31

Lender can record a Notice of Default (NOD)

Day 121

Lender can record a Notice of Trustee Sale (NOTS)

Day 141

Lender can conduct a Trustee’s Sale of the home

Day 142

If eviction is required, new owner of property must send 5-day notice.

Day 148

New owner can file a court action for eviction

Day 155

Hearing completed

Day 160

Five days typically granted for move-out. If still present, order of restitution issued

Day 161

Sheriff’s eviction

We’ve helped over 2,300 homeowners get relief

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We respect your privacy. By giving us your information, you agree to be contacted by Ark Law Group by phone at the number you provide. If you prefer, you may call 1-800-603-3525 during business hours for immediate service.

Meet our experienced team

Phoenix Foreclosure Attorney

Nadia Kourehdar

Managing Attorney
"My personal mission is to revolutionize the legal industry by making high-quality legal representation affordable for everyone."
Phoenix Bankruptcy Attorney

Kingston Bowen

Lead Associate Attorney
"My mission is to help borrowers navigate the system so they get the relief they need and deserve."
Phoenix Mortgage Attorney

Amanda Stewart Hause

Associate Attorney
"My mission is to advocate for borrowers who are being treated unfairly by their lenders, and help them find financial freedom."
2,572
Short sale approval
letters received
$241,755,976
Mortgage Debt
Eliminated
2,542
Loan Modification
clients served

Ark Law Group results

We’ve been working hard to get meaningful results for clients like you

Trial Payment Plan
Ditech
Trial Payment Plan
Surprise, AZ
 
September 2, 2016
Loan Modification Approval
Vanderbilt
Loan Modification Approval
Glendale, AZ
 
October 11, 2016
Phoenix Arizona Attorney

Testimonials from our Arizona
loan modification and foreclosure defense clients

I was impressed with how professional and expedient your staff was with regards to handling my case.
Dee L.
Phoenix, AZ
Nice to work with Ark. A lot of extensions were requested which delayed the process, but it got done. Thanks.
Sheree L.
Tempe, AZ
The folks who helped us through Ark Law Group were considerate, helpful and answered our questions promptly.
Coneen N.
Mesa, AZ
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Are you ready to see what Ark Law Group can do for you?