Nevada Foreclosure Mediation, public hearing June 26, 2009
The Nevada Supreme Court is inviting public comment on proposed rules governing the Foreclosure Mediation Program that is being established as a result of a new law passed by the 2009 Nevada Legislature. If you would like to learn more about this process, this public hearing could provide some very interesting insight. Truth be told, no one knows how this new law will work. If the banks don’t have enough people to answer the telephones now and deal with customers, where will they possibly find enough people to attend a foreclosure mediation?
AB-149, passed shortly before the end of the session, provides for mediations in foreclosures commenced on or after July 1, 2009, as a way to help home owners forestall the loss of their houses.
A homeowner who receives a foreclosure notice can request an opportunity to sit down with the lenders and a trained mediator and explore whether a mutually agreeable resolution can be reached.
Hearing in Las Vegas:
June 26th, 2009 at 12:00 pm
200 E. Lewis Ave., 17th Floor
Regional Justice Center
Las Vegas, NV
