1. The United States Bankruptcy Court for the Southern District of Ohio recently announced a Mortgage Modification Mediation Program (“MMM Program”) to facilitate negotiations and expedite the settlement process between debtors and creditors within the bankruptcy proceedings.

  2. The MMM Program is optional and does not prevent direct negotiations between the debtor and creditor outside of the program. Necessary forms for requesting and participating in the mediation program can be found on the Court’s website.

  3. The mortgage modification period lasts 150 days from the entry of the order directing mediation but participation does not “relieve the parties from complying with any other Court orders” or the bankruptcy code. The parties are required to act in good faith or be subject to sanctions or dismissal from the program.

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