(203) 713-8877
·
Email Us
·
Mon - Fri 9:00am - 5:00pm - Other hours by appointment

3 Important Points About the Connecticut Foreclosure Mediation Program

 

1. What is the Foreclosure Mediation Program?
The Foreclosure Mediation Program was created in 2008 in response to the record number of foreclosure cases filed in our courts. In foreclosure mediation, a neutral third party (mediator) helps the homeowner and bank try to reach a fair, voluntary, and negotiated agreement. During mediation, the homeowner will meet with a mediator and a representative of the bank to try to reach an agreement.

2. Who are the mediators?
Foreclosure mediation specialists are Judicial Branch employees who are trained in mediation and foreclosure law. They have knowledge of different community-based resources and mortgage assistance programs that may be able to help homeowners. Most of the mediators are lawyers with many years of mediation experience. Mediators do not represent either party and cannot give legal advice.

3. How do I know if I am eligible for foreclosure mediation?
You are eligible if (a) you are the borrower (the person who signed the note secured by a mortgage on the property), (b) you are an owner-occupant of the property, (c) the property is your primary residence, (d) the property is a 1, 2, 3 or 4 family residence in Connecticut, and (e) your case is a mortgage foreclosure with a return date on or after July 1, 2008. Certain religious organizations may also be eligible for the program.

Homeowners who do not meet these requirements could be referred to the Foreclosure Mediation Program by a judge.  If you find yourself in foreclosure, you may want to contact an experienced Foreclosure Attorney like me to assist you in the process.

Source: Connecticut Judicial Branch Website