Articles from Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney

Here we go again. Every twenty years this country suffers through a serious financial crisis, usually based around real estate lending. Why? Because of bad lending practices. Why are there bad lending practices? Because Congress keeps softening or eliminating mortgage lending regulations.

According to a press-release from the National Association of Consumer  Bankruptcy Attorneys “NACBC” – across the country, consumers are falling prey to a new scam targeting people who have filed for bankruptcy and others just getti

The filing of a bankruptcy automatically stops the ability of most creditors to collect their debts.  There are some exceptions to this rule, but they are very rare.  This great video explains the basics of bank

Do you find yourself a creditor in a chapter 13 bankruptcy?  This is a very confusing and dangerous time for all creditors.   Dangerous because creditors are prohibited from trying to collect their debt or they can be found in contempt of the federal bankruptcy stay “automatic stay”.  Most creditors wonder if they will be paid any of the deb