3
Easy Steps to Sign Up for the FREE Judiciary Foreclosure Mediation
Program:
Step
One
Call the toll
free hotline: 1-888-989-5277 online
form
Step
Two
Speak to one
of the representatives about eligibility for free mediation.
Criteria include:
The property
is a 1 to 3 family residential property.
The home
is your primary residence.
The homeowner
is the borrower.
Note
to Homeowners in Bankruptcy
The United States Bankruptcy Court for the District of New Jersey
has issued an order that mortgagors and debtors with pending bankruptcy
cases who meet the qualifying conditions of the Foreclosure Mediation
Program may now participate in the program. Previously,
borrowers with pending bankruptcy cases needed to finish bankruptcy
proceedings or obtain from a bankruptcy judge a lifting of the stay
on state-court proceedings. This bar has been lifted, so borrowers
in bankruptcy may now participate in the mediation program without
restriction.
Step
Three
If you are
eligible, contact and visit the HUD certified counslor you are referred
to, who will help you complete and return the registration documents
on time.
That’s
it! You’re ready to participate in mediation!
A partnership
of The Judiciary, the Office of the Attorney General, the Housing
& Mortgage Finance Agency, Legal Services of New Jersey, the
Office of the Public Advocate and, the Department of Banking and
Insurance.
