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New Jersey Statewide Mediation (Non-Foreclosure) Program - brochure

State:
New Jersey
Control #:
NJ-SKU-1072
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PDF
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Description

Statewide Mediation (Non-Foreclosure) Program - brochure

The New Jersey Statewide Mediation (Non-Foreclosure) Program provides homeowners facing foreclosure with an alternative to the court system. This program, sponsored by the New Jersey Department of Banking and Insurance, offers free mediation services to homeowners who are in foreclosure proceedings or who are facing foreclosure. The program provides homeowners with a neutral third-party mediator to help them resolve their foreclosure issues. The program also provides homeowners with information about their rights and options to help them make informed decisions about their future. The New Jersey Statewide Mediation (Non-Foreclosure) Program offers three different types of brochures: 1. Homeowner's Guide to Foreclosure Mediation: This brochure provides homeowners with an overview of the New Jersey Statewide Mediation (Non-Foreclosure) Program, including the services provided and how to access them. 2. Foreclosure Mediation Program Application: This brochure provides homeowners with information on how to apply for foreclosure mediation services and the forms they need to fill out. 3. Foreclosure Mediation Program Overview: This brochure provides homeowners with an overview of the foreclosure mediation process, including how to prepare for a mediation session and what to expect. The New Jersey Statewide Mediation (Non-Foreclosure) Program is designed to help homeowners who are facing foreclosure. By providing free mediation services and information about their rights and options, the program can help homeowners avoid foreclosure and keep their homes.

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FAQ

Generally, you must share the fees equally with your spouse, although a judge might decide to require one of you to pay more than half if that would be fair under the circumstances. (N.J. Rules of Court, rules -4, -5 (2012).)

There are three main approaches a mediator can take: evaluative, transformative, and facilitative mediation.

However, even a longer divorce mediation will take significantly less time than a traditional divorce through litigation. The divorce court process can take well over a year, whereas mediation can be completed in as little as 2-3 months.

Mediation is a dispute resolution process in which an impartial third party - the mediator - facilitates negotiations between the parties to help them reach a mutually acceptable settlement. The major distinction of mediation is that a mediator does not make a decision about the outcome of the case.

(1) The mediator shall be impartial and independent of the parties. (2) The parties may agree that the mediator shall have specific qualifications or expertise. (1) There shall be one mediator or two co-mediators. Each mediator shall be appointed by agreement of the parties.

There are 6 steps to a formal mediation; 1) introductory remarks, 2) statement of the problem by the parties, 3) information gathering time, 4) identification of the problems, 5) bargaining and generating options, and 6) reaching an agreement.

The cost of mediation varies from $100 to as much as $250 a session.

Most mediators conduct their mediations in one of four styles: Facilitative, Evaluative or Directive, Transformational, or Transactional. It is important to know what style of mediation you are seeking to help resolve a dispute.

More info

Do not pay for housing counseling. Mediation is a conversation between a homeowner and the lender.Before a lender may proceed with scheduling a foreclosure sale, they must complete a final loss mitigation affidavit and submit it to the court. The state of Nevada, a non–judicial foreclosure state, requires lenders to participate in mediation before a foreclosure can proceed. FREE HELP is available through this program. FREE HELP is available through this program. This is done within 10 days of Commerce receiving a complete mediation request. Information for Homeowners. Burke and Amy DiFranco, who are certified mediators and provide full mediation services at no cost to the litigants. The Program is available to parties to a first or second mortgage foreclosure action involving a one-four family residential property.

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New Jersey Statewide Mediation (Non-Foreclosure) Program - brochure