Mortgage Modification Mediation

The Bankruptcy Court offers Mortgage Modification Mediation for eligible Chapter 13 filers. Your mortgage payment is temporarily reduced to31% of your gross monthly income or 75% of your current mortgage payment, whichever is less, automatically when you file for Mortgage Modification Mediation. If your mortgage lender accepts mediation, you then meet with the mortgage company and a mediator to negotiate a permanent reduction in your mortgage payment. We will be there with you to represent you at the mediation meeting. If your mortgage lender does not accept mediation it must appear before the Judge to explain why.