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Maine Request To Extend Time For Foreclosure Mediation

Category:
Maine Statewide - District Court - Foreclosure Diversion Program
State:
Maine
Control #:
ME-SKU-0523
Format:
PDF
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Description

Request To Extend Time For Foreclosure Mediation Maine Request To Extend Time For Foreclosure Mediation is the process of requesting an extension of the time period for a foreclosure mediation in the state of Maine. Foreclosure mediation is an alternative to foreclosure proceedings that allows homeowners to negotiate a resolution with their lender. In Maine, the mortgage lender must provide at least 45 days for the mediation process to be completed before initiating foreclosure proceedings. If the mediation process is not completed within the allotted time period, homeowners may submit a Request to Extend Time for Foreclosure Mediation to the court. There are two types of Maine Request To Extend Time For Foreclosure Mediation: a Motion to Extend Time and an Order to Extend Time. The Motion to Extend Time must be submitted to the court and must include an explanation of why the mediation process could not be completed within the allotted time. The Order to Extend Time is issued by the court after the Motion is submitted and approved. The Order will outline the new timeline for mediation, as well as any other requirements that must be met before the foreclosure process can begin.

Maine Request To Extend Time For Foreclosure Mediation is the process of requesting an extension of the time period for a foreclosure mediation in the state of Maine. Foreclosure mediation is an alternative to foreclosure proceedings that allows homeowners to negotiate a resolution with their lender. In Maine, the mortgage lender must provide at least 45 days for the mediation process to be completed before initiating foreclosure proceedings. If the mediation process is not completed within the allotted time period, homeowners may submit a Request to Extend Time for Foreclosure Mediation to the court. There are two types of Maine Request To Extend Time For Foreclosure Mediation: a Motion to Extend Time and an Order to Extend Time. The Motion to Extend Time must be submitted to the court and must include an explanation of why the mediation process could not be completed within the allotted time. The Order to Extend Time is issued by the court after the Motion is submitted and approved. The Order will outline the new timeline for mediation, as well as any other requirements that must be met before the foreclosure process can begin.

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