TRUSTEE’S SALES AND COLLECTION STRATEGY
Mortgage foreclosures (which, in Arizona, are known as trustee’s sales) were a hot button topic during the pandemic, primarily due to the moratorium on mortgage foreclosures. With the foreclosure moratorium having expired on 06/30/2022, it’s a good time for community associations to revisit this important topic. A trustee’s sale occurs when a trustor (i.e., borrower) falls behind on payments due [...]