Scottsdale, Arizona, Law Firm Helping Divorcing Couples Deal With Foreclosure Issues
More often than not, one of the key factors precipitating a divorce is economic stress. Because of the economy and the housing crisis, many Arizona divorce actions today also involve financial issues such as home foreclosures, bankruptcy and credit counseling. Many divorcing couples are not yet in foreclosure but are finding it virtually impossible to sell their marital homes but won’t be able to afford their mortgages after the divorce.
If your home is in foreclosure and you need to get a divorce, seek out a family law attorney who can handle these issues compassionately and competently.
At Singer Pistiner, P.C., our approach is never to judge our clients but to make sure they understand their legal options and know that we are committed to protecting their interests. We are here to help you through this difficult time.
If your marital home is subject to foreclosure, or if you are getting a divorce but can’t sell your house, we can help. Our foreclosure attorneys can help you make the decisions that will best protect your interests during and after your divorce. Contact us today to schedule a free consultation.
Equitable Division of Home Equity and Real Estate Debt
Your home is probably your most significant asset, and your mortgage is likely your largest debt. How your home and mortgage are most fairly divided can therefore be one of the most significant issues involved in the division of property during divorce.
If you are close to or in foreclosure during your divorce action, it can have a significant impact on your marital property division. Our lawyers can work with you to maximize the value of your home as you prepare to divide it.
If you have equity in your house that can’t currently be realized because you can’t sell your home, we can make sure that your fair share of the equity is taken into account as we negotiating the equitable division of your marital assets.
If you are not involved in foreclosure proceedings, we can negotiate with your mortgage lender for options such as a short sale or a deed in lieu of foreclosure. If approved, these could allow you to retain some of the value of your investment or limit your debt.
We can also assist you with the proper allocation of mortgage debt and other marital debt. We are dedicated to seeking the most positive divorce settlement possible and to helping you through this tough situation — so you can move forward with your life.
Contact a Lawyer
For a free initial consultation with a divorce attorney from Singer Pistiner, P.C., call 602-264-0110 or send us an e-mail.
Our firm advises and represents clients throughout the Scottsdale, Arizona, area.