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FOR IMMEDIATE RELEASEContact: Shannon L. Shaw PRESS RELEASE
Residential Mortgage Foreclosure Mediation Program Available
Yulee, FL – May 21, 2010 – Increased residential homestead mortgage foreclosure filings coupled with state and county budget constraints have led the Florida Supreme Court to mandate mediation of residential homestead mortgage foreclosure actions prior to such matters being set for final hearing. Accordingly, Chief Judge for the Fourth Judicial Circuit of Florida Donald R. Moran, Jr. issued an Administrative Order authorizing the Jacksonville Bar Association to administer the Residential Foreclosure Mediation Program for the Fourth Judicial Circuit (Duval, Clay and Nassau Counties). The Residential Homestead Foreclosure Mediation Program is available to borrowers who have been served with a lawsuit by their mortgage company to foreclose their home mortgage. By participating in the mediation program, borrowers may still be able to save their homes, even if they are behind in their payments. Mediation is simply a meeting between the borrower and a representative of the mortgage company. The mediation is conducted by a neutral mediator who has been certified by the Court. The mediator does not represent the borrower or the mortgage company but talks with both sides to reach an agreement to stop the foreclosure. The mediation is confidential. Borrowers wishing to participate in the Foreclosure Mediation Program must call Linda Morris, Program Manager for the Jacksonville Bar Association, at 904-399-4598, as soon as possible between 9:00 a.m. and 5:00 p.m. Monday through Friday to speak with a program assistant who will provide information on what steps must be taken to complete mediation. Residential Mortgage Foreclosure Mediation Program Available for Duval, Clay and Nassau Counties: May 21, 2010
NOTE: As stated in the summons, borrowers served with a mortgage foreclosure lawsuit (or their attorneys) must file with the Court a written response to the Complaint to Foreclose the Mortgage within twenty (20) days after service was made and must send a copy of the response to the Plaintiff’s attorney. |
