U.S. Home Bailout Mediation
With the new laws that passed July 1, 2009, any homeowner that has received their Notice of Default after that date is guaranteed mediation. Once you receive your Notice of Default, you only have 30 days to file for mediation. US Home Bailout will assist you in filing your mediation paperwork.
You don’t need a lawyer for mediation, US Home Bailout will mediate on your behalf.
Mediation consist of you, the homeowner, US Home Bailout as your representative, and the trustee or the bank’s representative sit down in front of a mediator, which is an ex-judge or lawyer, and discuss your workout options. It gives the bank a chance to see you rather than a loan number.
The main reason for mediation is to get the homeowner a loan modification.


