Faith, Ledyard & Faith, PLC
COVID-19 NOTIFICATION: To protect your safety and the safety of our staff, in response to the threat of COVID-19, we are offering the option to connect with us via telephone, email and video-conferencing. Our staff are fully operational. Please call or email us to discuss your options.
A Full-Service Law Firm Serving the West Valley and Greater Phoenix for More Than 40 Years
PA Image
Real Estate Law
PA Image
Personal Injury
PA Image
Civil Litigation
Construction Law
PA Image
Bankruptcy
PA Image
Employment Law
PA Image
Estate Planning
PA Image
Debt Collection
PA Image
Government Law
PA Image
Criminal Defense
PA Image
Business And
Commercial Law
PA Image
En Español

Arizona attorneys guide lenders in foreclosure procedures

| May 29, 2015 | Commercial Real Estate |

The possibility of foreclosure of a property, whether a residential home or commercial real estate, can raise a number of potential legal issues in Arizona. The attorneys of Faith, Ledyard and Faith PLC, who, as discussed in a previous post, represent clients facing the possibility of foreclosure for residential properties, are also well-versed in aiding banks and private lenders as they navigate the world of foreclosures, trustee sales and loan modifications.

When a lender or bank initiates a short sale or foreclosure, whether for a residential, commercial or industrial property, it is imperative to follow specified legal requirements and procedures. From providing proper notice to the property owners, to ensuring thorough completion of all documents, a lender or bank will want to make sure all details are attended to before concluding a foreclosure or trustee sale.

The real estate attorneys at our firm can guide a bank or lender as it proceeds with a foreclosure or short sale, and help ensure that the entity’s interests are protected. Failure to adequately investigate and follow the legal requirements of a foreclosure, trustee sale or loan modification could result in great, and unnecessary, financial expense for a bank or lender.

Ensuring loan documents meet legal requirements and that sale notices are properly completed and distributed are some of the services that the attorneys of Faith, Ledyard and Faith PLC offer. Additionally, the attorneys draft documents necessary for a trustee sale, as well as represent clients in matters of bankruptcy or loan workout agreements.

For more information about how banks or lenders may benefit from the attorney guidance of Faith, Ledyard and Faith PLC, visit our webpage.

Lead Counsel Rated LC
Lead Counsel Rated LC
Distinguished AV | Peer Review Rated | LexisNexis Martindale-Hubbell | For Ethical Standards & Legal Ability
Lead Counsel Rated LC
Lead Counsel Rated LC
FindLaw Network

Stay Connected With Us