Best Law Firms American Legal & Financial Network (ALFN)

Folks Hess, an Arizona woman-owned and managed default services law firm

An Arizona Woman-Owned and Managed Default Services Law Firm


 

 RELATED SERVICES

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

 

Commercial and Residential Foreclosure

Folks Hess represents banks and mortgage companies in foreclosures on residences in the Phoenix area and throughout Arizona. Our law firm also represents clients in a broad range of Arizona loss mitigation and default servicing matters.

Learn More:

Arizona Foreclosure Law

Arizona Mortgage Deficiency Law

See Below:

Foreclosure FeesResidential Mortgage ForeclosureRepresentative Clients

For Your File:

Our service and experience summary (PDF) for commercial lenders

Commercial Mortgage Foreclosure

Folks Hess has significant experience in representing its clients with respect to a broad range of commercial foreclosure matters. More specifically, the firm routinely represents its clients in every county of Arizona to:

  • conduct non-judicial trustee’s foreclosure sales;

  • litigate judicial foreclosures and quiet title actions;

  • monitor senior lien foreclosure sales and bid at such sales to protect our clients’ junior lien positions;

  • deposit and apply for excess foreclosure sale proceeds; and

  • document deeds-in-lieu of foreclosure, loan forbearance agreements and loan modification agreements.

Representative Foreclosure Clients

  • Altier Credit Union

  • BMO Harris Bank

  • Comerica Bank

  • Fannie Mae

  • Freddie Mac

  • MidFirst Bank

  • Midland Mortgage

  • Pentagon Federal Credit Union

  • Washington Federal

Residential Mortgage Foreclosures

Folks Hess is woman-owned and managed and 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:

  • conduct nonjudicial trustee’s foreclosure sales;

  • litigate judicial foreclosures and quiet title actions;

  • monitor senior lien foreclosure sales and bid at such sales to protect our clients’ junior lien positions;

  • deposit and apply for excess foreclosure sale proceeds;

  • pursue repossessions;

  • document deeds in lieu of foreclosure, loan forbearance agreements, loan modification agreements, and loan sale agreements; and

  • litigate post-foreclosure evictions.

At its central Phoenix offices, Folks Hess 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 Vendorscape, Blacknight, Lenstar, Tempo, DMRS, ADR, LoanSphere, DataCert, Examen, and iClear 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 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.

Foreclosure Fees

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.