Did you know that foreclosure mediation can save your home? In response to the rise in foreclosure cases, the Ohio Supreme Court
urged the courts to use mediation to help people save their homes. Many Ohio courts responded to this call for action by offering mediation in foreclosure cases. Prior to this program, homeowners in foreclosure cases did not have much of a chance to save their homes. With mediation through the courts, mortgage lenders are forced to have a bank representative participate in the mediation process. In these sessions, the bank representatives report on the progress of the homeowner’s
request for mortgage modification, including whether the request will be granted, denied, or needs additional information to reach a decision. A foreclosure defense attorney can assist homeowners in this process. First the foreclosure defense lawyer ensures that the necessary pleadings are filed and the proper defenses are raised. Second, the mortgage modification lawyer helps ensure that the homeowner’s application for mortgage modification is complete and accurate. Incomplete or inaccurate applications can be grounds for denying a modification. The mortgage modification lawyer also helps the homeowner pursue alternative options, such as the
hardest hit program. The mortgage modification attorney helps the homeowner get in touch with the
correct resources for completing this process. This is important as there are numerous scam artists claiming to provide help, but do little more than make money for themselves. Being directed to the
reputable counseling agencies is an important part of the process.
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