Tuesday, April 28, 2009

Miami-Area Court System To Implement Mandatory Foreclosure Mediation Program For Owner-Occupied Homes

In Miami, Florida, the Daily Business Review reports:

  • Overwhelmed by foreclosures, the Miami-Dade Circuit Court plans to announce today a mandatory mediation program for cases involving owner-occupied homes. The program is set to begin May 1. Chief Circuit Judge Joseph Farina signed an administrative order April 9 creating the program, which mandates lenders to pay an additional $750 fee for the mediation services of the Collins Center for Public Policy, a nonprofit Tallahassee think tank specializing in dispute resolution.

For more, see Foreclosures: Court to force lenders, borrowers to mediate.

See also, WFOR-TV Channel 4: Foreclosure Mediation May Keep You Out Of Court.

Go here for the Circuit Homestead Access To Mediation Program ("CHAMP").

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