Thursday, July 28, 2011

Bankruptcy Mediation Program

Orlando's two bankruptcy judges sent 295 cases to mediation last year and 60 cases received modifications. Through June this year, 190 of 415 received modifications.

By comparison, less than 4 percent of the nearly 58,000 cases sent to state mediation from March through November 2010 were successfully modified.

In the Orlando federal program, home­owners pay a $350 mediation fee and some additional attorney fees. In contrast, lenders pay $750 for each case in state courts.

I recommend mediator :

Ken Bowen, Esq.

204 37th Ave. No., #313
St. Petersburg, FL 33704

He is one of  three (3)  foreclosure mediators  on the Tampa Bankruptcy Court List and he has the best price.  Tampa's program does not have a price limit as of yet.