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Demand Letters
Non-Judicial
Trustee's Foreclosure Sales
Judicial Foreclosures and Quiet
Title Actions
Homeowners’
Association Lien and Tax Certificate of Purchase Foreclosure Defense and Payoff
Issues
Title Exception Processing
Monitoring and
Bidding at Senior Lien Foreclosure Sales
Applying for Excess Foreclosure Sale
Proceeds
Post-Sale Deposits
of Excess Sale Proceeds with the Appropriate County Treasurer
Deeds in Lieu of Foreclosure
Title Clearance and
Title Curative Documentation
Loan Sale and Assignment Agreements
Loan Modification
Agreements
Forbearance Agreements
Bills of Sale
Uniform Commercial Code Sales of
Personal Property
Post-Foreclosure
Uncontested and Contested Evictions |
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Commercial and Residential
Foreclosure
Residential Mortgage Foreclosures
Folks & O’Connor is one of the leading
law firms in Arizona that represents banks and mortgage companies on a
high-volume basis concerning foreclosures on residences in the Phoenix area and
throughout Arizona.
Our attorneys also have significant
experience in representing clients (including lenders, creditors and loan
servicers) in a broad range of Arizona loss mitigation, default servicing and
sub-servicing, mortgage litigation and lender defense matters. More
specifically, our lawyers routinely represent clients in every Arizona county
to:
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conduct judicial and nonjudicial
trustee’s foreclosure sales;
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litigate judicial foreclosures and
quiet title actions;
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monitor senior lien foreclosure
sales and bid at such sales to protect our clients’ junior lien positions;
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deposit and apply for excess
foreclosure sale proceeds;
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pursue repossessions;
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document deeds in lieu of
foreclosure, loan forbearance agreements, loan modification agreements, and
loan sale agreements; and
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litigate post-foreclosure evictions.
At its central Phoenix offices, Folks &
O'Connor is highly automated to allow it to process a high volume of Arizona
residential mortgage foreclosures and evictions. In particular, the firm
utilizes a sophisticated internal software program, specific to Arizona
non-judicial trustee’s foreclosure sales, which allows our staff members to
process foreclosure sales on a virtually automated basis and with protective
calendaring safeguards in place to protect our clients. The program also allows
our clients to obtain current status updates concerning their Arizona
foreclosure referrals to the firm over the internet. The firm is also very
experienced with the use of the DataCert, Examen, iClear, LenStar and
VendorScape billing and client reporting systems.
Larry
O. Folks is our firm's lead residential mortgage foreclosure and eviction
attorney. He is a graduate of the Northwestern University School of Law and a
former partner of Kutak Rock, LLP, which is a national law firm. In addition, he
has been an Arizona foreclosure trustee for many years and is a member of the
Arizona Trustee’s Association. Mr. Folks and his seasoned staff have
successfully completed thousands of residential mortgage foreclosures in the
Phoenix area during the past 10 years.
Our firm is not a foreclosure mill and
is highly responsive to our clients’ needs. In fact, we routinely receive
monthly scorecard ratings of 100% from one of our national banking clients,
which directly reflects the firm’s ongoing ability to complete non-judicial
trustee’s foreclosure sales of Arizona residences in advance of the applicable
FNMA timeline requirements.
Our law firm typically completes
non-judicial trustee’s foreclosure sales and other foreclosure-related services
concerning residences for the applicable FNMA “flat fee” for such services.
Folks & O'Connor has significant
experience in completing non-judicial trustee’s foreclosure sales and judicial
foreclosures on Arizona commercial properties. In addition to being a seasoned
litigator, Mr. Folks has a number of years of commercial real estate
transactional experience, which assists him in completing commercial
foreclosures. He recently prevailed in a highly contested judicial foreclosure
on a high-rise commercial office building in Phoenix.
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