New Jersey Statutes 2A:50-77. Participation in mediation
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Terms Used In New Jersey Statutes 2A:50-77
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Summons: Another word for subpoena used by the criminal justice system.
4. a. (1) A court may order mediation whenever a homeowner-borrower files an answer to a foreclosure complaint.
(2) Alternatively, the homeowner-borrower may initiate mediation in accordance with court rules. The courts shall provide the homeowner-borrower no less than 60 days following receipt of the foreclosure complaint and summons to initiate mediation.
b. The homeowner-borrower may not participate in mediation unless the certification document required pursuant to section 5 of P.L.2019, c.64 (C. 2A:50-78) is submitted to the court and signed by a trained foreclosure prevention and default mitigation counselor, verifying that the homeowner-borrower is cooperating with the counselor.
c. The homeowner-borrower shall not be required to pay any fees to participate in the mediation program.
L.2019, c.64, s.4.