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New Chapter 13 Mortgage Modification Mediation program Begins 6/1/13

Friday, May 17, 2013

Announcement Posting Period:

Friday, May 17, 2013

Minimum Qualifications:

•Chapter 13 debtors only
•Mediation limited to debtor’s primary residence
•Debtor must be able to contribute up to 31% of gross income to modified mortgage payment
•Debtor must pay a $385 mediation fee to the Chapter 13 Trustee before attending mediation

This Court has implemented a program to streamline the process of obtaining a mortgage modification where lenders are required to have a representative with full settlement authority available at the mediation.

For more information and sample documents, click here