Weeks Law Firm PLLC
2223 E. Speedway Blvd.
Tucson, AZ 85719
Tel: 520-318-1209
Fax: 520-327-3118
E-mail

The Weeks Law Firm PLLC is investigating the possibility of bringing a mass action on behalf of property owners harmed during the recent wave of Arizona foreclosures. The claims involve foreclosure and reduced property value litigation. Our Tucson foreclosure litigation attorney can talk to you about your options.

Contact our Tucson reduced property value litigation lawyer to arrange a consultation. You may also call us at 520-318-1209. We are available Monday through Friday from 9 a.m. until 5 p.m.

An Example of Reduced Property Value Resulting in Foreclosure Litigation Assume a lender fraudulently executes an "Assignment," assigning a loan that it has no rights to, to itself or to a related entity. The bank then uses that assignment to foreclose on a neighboring property. In this scenario, the bank or servicer KNOWS it has fraudulently assigned a loan. Will the bank want to keep the home, and the risk the sale is undone, on its books? Or will it want to find some investor willing to buy the home at a discount, an investor willing to take the risk? In Arizona, an investor who buys the home at a steep discount has a two- or three-year period (depending on which statute the courts apply — ARS 12-522 or ARS 12-523) before they are free and clear of any backlash. If the investor buys the home at a discount, this lowered home value becomes part of your neighborhood's valuation. If this situation happened here, your home value may have plummeted because the bank did not want the added risk of a sale being undone.

Our goal is to help those who have been harmed by wrongful conduct. If a bank wrongfully foreclosed on your property, it doesn't just hurt you. Your neighbors are harmed because their property values decrease. This spreads to the community at large. This spreads to the state at large. Our law firm can pursue a mass action claim to remedy the harm it has caused.

We try to help people who have lost their homes and shouldn't have. We try to help people who thought they were negotiating a loan modification only to later find out that they lost their home. We do not limit ourselves to the Tucson area. We can help anywhere in the state.

If you, or someone you know has lost their home to a foreclosure, please let us look at your documents and make sure that everything was done properly and legally. It does not hurt to have us give you an initial opinion.

Contact Our Tucson Reduced Property Value Litigation Attorney

If you contact us, we can conduct an investigation and try to determine if you have been harmed. If you have, we can then proceed toward foreclosure litigation.

 

Weeks Law Firm PLLC
2223 E. Speedway Boulevard
Tucson, AZ 85719

Telephone: 520-318-1209 | Fax: 520-327-3118
E-mail

The Weeks Law Firm PLLC, serves Arizona and the Western United States, including Tucson, Phoenix, Casa Grande, Benson, Sierra Vista, and other municipalities, as well as the counties of Pima, Maricopa, Cochise, and Pinal.

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