Foreclosure Mediation
The threat of foreclosure can be a frightening prospect. Fortunately, the Foreclosure Fairness Act was established to require your mortgage lender to participate in mediation to explore alternatives to explore alternatives before proceeding in the process of foreclosing your home. Often this means a loan modification, which stops the foreclosure entirely, or a non-retention option, which can reduce the financial burden and smooth your transition. The sooner you call an experienced attorney to help with the process, the more options you have, so we encourage you to be proactive.