A Professional Law Corporation Recipient of Phoenix Chapter 13 Trustees Award for Excellence Celebrating 20 years at our Phoenix Location Practicing Exclusively in Chapter 7 and Chapter 13 Bankruptcy

Contact Us


  • Central Phoenix
    2001 E. Campbell Avenue
    Suite 103
    Phoenix, AZ 85016
    Phone: 602-252-7552
    Map and Directions
  • Mesa:
    1930 S. Alma School Rd.
    Suite A-115
    Mesa, AZ 85210
    Phone: 480-491-1000
    Map and Directions
  • Glendale:
    5540 W. Glendale Ave.
    Suite B-103
    Glendale, AZ 85301
    Phone: 602-252-7466
    Map and Directions

National Association of Consumer Bankruptcy Attorneys

Arizona's Finest Lawyers | Identifying Lawyer Excellence | Informing Client Choice

Home Foreclosure

Saving Your Home From Foreclosure

Even if your home has gone into foreclosure, it is not too late to try to save it.  Filing Chapter 13 bankruptcy before the sale date can stop/postpone the sale.  Your regular monthly mortgage payments will resume after the filing of the bankruptcy and the payments that you were behind prior to filing bankruptcy will be brought current through the Chapter 13 Plan of Reorganization.

Removing your 2nd mortgage 

Under certain circumstances, it may be possible to "scrape off" the 2nd mortgage against your home through a Chapter 13 Plan of Reorganization.  An appraisal would be required and the value of the home must be less than the amount due on the first mortgage.  Other factors will determine if this is an option available to you, which can be discussed at your consultation.

Understanding the Anti-Deficiency Statute

If your home has been lost to foreclosure, you may not be responsible for the balance owed.  There are several factors to determine if your loan falls into this category, which can be discussed at your consultation.  You would also want to consult with a tax advisor or real estate attorney concerning any possible tax conseqences.

Advantages of Working With a Lawyer

If your home is in foreclosure, and has not yet been sold, you are not out of options. Contact one of our offices online or call 602-252-7552 to learn about the possible ways your home may be saved.  For over 29 years, Mark Lischwe has been helping people maintain their residence through Chapter 13 reorganization.  Let us see if we can do the same for you.

Mark W. Lischwe represents clients throughout Maricopa County, including Phoenix, Mesa, Glendale, Tempe, Chandler, Peoria, Avondale, Scottsdale, Gilbert, Apache Junction, Surprise, Buckeye, Queen Creek, Sun Lakes, Ahwatukee, Anthem, Carefree, Cave Creek, El Mirage, Fountain Hills, Goodyear, Litchfield Park, Tolleson, Wickenburg, Youngtown and Sun City, as well as Coconino County, Gila County, Pinal County and Yavapai County. This office is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us to schedule an appointment for a consultation of your financial situation, but please be advised that contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.