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

As a consumer bankruptcy attorney it amazes me how very smart people make some very poor business decisions.  Now don’t get me wrong – at least fifty percent of my clients are in financial distress because of challenges they faced from outside forces such as medical, divorce, changing real estate, employment, business demands, a

A new study from the Consumer Financial Protection Bureau (CFPB) found that reverse mortgage advertising can be confusing and misleading, and issued a warning to older Americans to be on the lookout for potentially deceptive reverse mortgage advertisements.  CFPB reports that borrowers have “false impressions’ that reverse mortgages are a government benefit or that getting a reverse mortgage would ensure consumers could stay in their homes for th

For years companies, including law firms, have been preying on naive homeowners alleging to have the “secret pill” to save their home.  These thieves promise to save the home by “making” the lender work with the homeowner.  In most cases the con artists are in the business for the sole purpose of stealing the homeowner’s har

Article in the Washington Post: Last week, Attorney General Loretta E.