Foreclosure is often not in the bank’s best interest, and foreclosure mediation offers a chance to discuss ways that you can either stay in your house or work out a mutually beneficial way for you to leave the home. You may be able to negotiate a loan modification, forbearance, reinstatement, short sale, or deed in lieu of foreclosure, or other non-foreclosure resolutions. The foreclosure sale is put on hold until at least 15 days after the mediation takes place.   An attorney can help you present information and proposals to the lender at the foreclosure mediation. The attorney can also help you evaluate any proposals you receive from the lender.

Foreclosure is a legal process and the banks will have their lawyers at the mediation. You may benefit from a lawyer on your side who is knowledgeable about state and federal mortgage servicing and consumer protection laws.

Civil Justice network attorneys have represented over 200 homeowners at foreclosure mediations. These mediations provide an opportunity for homeowners to communicate directly with their lenders about alternatives to foreclosure with the assistance of a neutral third-party mediator. If you are a homeowner needing assistance with a foreclosure and are interested in Civil Justice’s foreclosure services, please complete an Intake Form, and a Civil Justice staff member will contact you. You may also call us at 443-853-1011 to speak with a member of our staff.   For more information about foreclosure in Maryland, please watch our videos on the foreclosure process for Maryland at the Foreclosure Consumer Resources Page or read our Foreclosure FAQ webpage.