Cleveland-Area Courts To Begin Foreclosure Mediation Program

In Cuyahoga County, Ohio, a Cleveland Plain Dealer blog reports:

• Cuyahoga County Common Pleas Court is instituting a new mediation program to help some property owners and lenders work out solutions after a foreclosure lawsuit has been filed. The goal of foreclosure mediation is to save time and money in working out agreements between lenders and borrowers and to prevent properties from becoming vacant and abandoned.

• The mediation program will begin in the next few days with the mailing of postcards to defendants in new foreclosure lawsuits. The postcards will tell borrowers how they can seek free legal help through the state's Save The Dream program or financial counseling through the United Way's 2-1-1 First Call for Help hotline.

For the story, see Mediation available to ward off foreclosure.