Florida Courts Continue Efforts To Establish Loan Workout Procedures In Foreclosure Actions
- As a state task force labors to develop a uniform statewide approach to the onslaught of foreclosure cases, Broward and Palm Beach counties are rolling out new programs of their own.
- Palm Beach Chief Circuit Judge Kathleen Kroll will launch a pilot program next month allowing homeowners to confer with law clerks and court interns to get help understanding the paperwork and see if they’re eligible to rework their loan. [...] Broward Chief Circuit Judge Victor Tobin plans to require lenders to make a good-faith effort to meet with all homeowners interested in settling their foreclosure cases. Both are trying to solve complaints by mortgage holders who say they can’t find anyone in a position of authority at their lender to work with them.
- The Miami-Dade Circuit Court created a mandatory mediation program last month for cases involving owner-occupied homes. [...] Others counties around the state are pursuing different options for bringing their foreclosures caseloads under control. A task force formed by the Florida Supreme Court issued an interim report last week suggesting it would recommend uniform case management procedures and a model mediation program.
For more, see Courts initiate programs to assist homeowners in resolving cases.
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