Mediation Required in Florida Foreclosure Cases

Mediation is now required when a lender can proceed with a foreclosure action in the State of Florida.

“The Mortgage Lender Won’t Talk To Me” The Florida Supreme Court Says That Banks Must Now Mediate Foreclosures

Court-ordered mediation requires that both sides, including the large mortgage lenders, have someone present at mediation with full authority to resolve the foreclosure dispute. If the mortgage lender does not have someone with full authority at mediation the court may sanction the lender. Mediation is probably your best opportunity to make a fair deal with your mortgage lender if a deal is possible in your case.

Read the full article…click here

Pay close attention to what your rights are under this requirement.  You will be required to bring financial information that could work against you.  However, you are not required to attend or even produce the documents requested.

Don’t be fooled by this apparent consumer friendly requirement.  Read the entire article and save it for future reference.

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