An article in the New Haven Independent today describes the efforts of a New Haven family to hold on to their home with the help of a local attorney and the Connecticut Foreclosure Mediation Program. When the homeowners first met with the plaintiff’s attorney and a state mediator in the program, they were not yet able to agree to a payment plan. Still, the sixty-day mediation process gives them time to work towards a solution.
That’s one of the benefits of mediation — it is a process, not a knee jerk thumbs up or down decision. If the parties cannot reach agreement immediately, they are often able to build on the initial progress they make to resolve their dispute at some point in the near future.
