In Arizona, many people are faced with a situation where they owe more on a home than it is worth and have “negative equity” in their home. Deciding to default on a loan when you can afford the monthly mortgage payment has become known as “strategic default” and is currently a hot topic with the [...]

Many people I talk with are in a situation where they owe significantly more on their home than it is worth.  Somehow, the idea of “loan modifications” have become mainstream – but what exactly is possible hasn’t been all that well covered in the media. If you really want to know what is going on [...]

Thomson Law is a leading Phoenix Arizona short sale attorney who also provides legal assistance for loan modification and foreclosure needs for Arizona homeowners.