Collins Center mediates foreclosures in central Florida
The 10th Judicial Circuit of Florida is implementing a mediation program designed to reduce home foreclosures.
The Collins Center for Public Policy has partnered with the Central Florida Mediation Group in Lakeland to manage the program in the 10th Judicial Circuit, which covers Hardee, Highlands and Polk counties.
The program provides a chance for homeowners and lenders to resolve foreclosure cases out of court and allow the homeowner to stay in their home if possible, a release said. It is provided at no expense to the homeowner.
The Collins Center for Public Policy is a statewide nonprofit organization that is also managing mediation programs for foreclosures in five other judicial circuits, including the 12 th Judicial Circuit, which covers Manatee, Sarasota and DeSoto counties. A Florida Supreme Court task force recommended in August that a managed mediation program be adopted in all circuits to help resolve foreclosures online payday loans.
Since the Collins Center’s foreclosure mediation program began in March 2009, the center has managed roughly 6,000 scheduled mediations, with more than 3,300 settled successfully during mediation. An additional 900 were settled before mediation as a result of the Collins Center facilitation communication between the parties, the release said.
Recent data from RealtyTrac indicated that Florida’s foreclosure activity was down 25 percent from 2005, but Florida still had the nation’s third-highest foreclosures in April, behind Nevada and Arizona, the release said.
Filed under: legal by Specialist