Nevada S.C. schedules hearings on foreclosure mediation rules
Nevada Supreme Court building
CARSON CITY, Nev. (Legal Newsline)-The Nevada Supreme Court has scheduled a pair of public meetings for comment on proposed rules for its new Foreclosure Mediation Program.
A new state law -- outlined in Assembly Bill 149 - created the program, which is aimed at helping struggling homebuyers keep their primary residence.
The law, passed this year, provides for mediations in foreclosures commenced on or after July 1.
"I believe that through this new law and our mediations, we are going to save some homes and help ease the burden for some lenders," Chief Justice James Hardesty said. "Too many Nevadans are losing their homes to foreclosure."
The public hearings will take place in Carson City and Las Vegas. The Carson City hearing is scheduled for Tuesday at 4 p.m. in the Supreme Court courtroom. It will be videoconferenced to the Supreme Court's Las Vegas courtroom at the Regional Justice Center.
A second hearing is scheduled for June 26 at noon in their Las Vegas courtroom. That hearing will be videoconferenced to the Supreme Court courtroom in Carson City.
The proposed Supreme Court rules are aimed at ensuring that foreclosure mediations occur in a timely manner, that mediators have sufficient information from the parties, and that the mediation process is not abused, the high court said in a statement.
Already, more than 350 attorneys already have offered to be mediators, but they will require training.
From Legal Newsline: Reach staff reporter Chris Rizo at firstname.lastname@example.org.