As an Arizona Foreclosure Defense Attorney, I’ve counseled literally thousands of people about their past due mortgage. The first thing I tell my client to do is to emotionally divorce himself from his home.
Plainly put, the mortgage industry is not looking out for you, your family, or your house. They are perfectly happy accepting a payment on a property that worth far less than what is being paid on it. Put another way, do not get between Wall Street and its Benjamin$$$.
So, separate the real estate from the home and think about this — “What would Donald Trump do?” The Donald, self-proclaimed master dealmaker, would callously look at any real estate investment — even his own home — as a business deal, and THAT is what you should do as well.
Brent White, a University of Arizona Law professor, who recently made national news for writing an “incendiary” legal article recommending that Americans with negative equity in their home should just walk away. Consider taking it even a step further than just not paying: Fight the foreclosure.
So, take Professor White’s advice and “Just Say No” to negative equity. But don’t just walk away! Fight your foreclosure to gain leverage and possibly force a meaningful Arizona loan modification of your mortgage.
The first step is to treat your house like an investment and be prepared to walk if it is the best business decision.
If you’re ready to start fighting today, call Thompson Law Firm at (480) 634-7480 to get in touch with a qualified Arizona foreclosure defense attorney. We can help you find a way to get out from under your debt, and we offer FREE consultations to people just like you. A Chandler bankruptcy lawyer is ready to help you decide whether bankruptcy or foreclosure is right for you.
Call 480-634-7480 to make an appointment with a Thompson Law Firm Chandler bankruptcy attorney. Or you can fill out the form for a FREE EVALUATION. An attorney from our firm will contact you promptly and help you set up an appointment to discuss solutions for your financial situation. Arizona Legal Advocacy Group, LLC serves Arizona communities in Maricopa County, including Phoenix, Mesa, Scottsdale, Tempe, Apache Junction, Queen Creek, Chandler, Gilbert and beyond.
