About the Program
The Madison/Bond County Residential Mortgage Foreclosure Mediation Program is designed to create an opportunity for homeowners and lenders to come together to explore mutually beneficial alternatives to foreclosure. These alternatives include retention options such as a loan modification, repayment plan, reinstatement, or forbearance agreement, and non-retention options such as short sake, deed-in-lieu of foreclosure or consent foreclosure.
You are eligible for this free program if:
1. The property is your primary residence
2. You are the borrower and your loan is being foreclosed
How to get into the Program
Homeowners being sued for foreclosure will receive the summons of foreclosure, notice of mandatory mediation, and the foreclosure mediation program initial questionnaire. The notice of mandatory mediation will advise the homeowner that they will receive notice of their Initial Intake Conference, what documents to bring to the conference, by mail. Once they receive the notice of their Initial Intake Conference they must appear on that date to participate in the mediation program. Failure to appear at the Initial Intake Conference will result in the termination of the mediation process.
How to get involved as a Volunteer Mediator
Volunteers must either be licensed to practice law in the State of Illinois or be an experienced mediator. Volunteer mediators will conduct mediation between homeowners and lenders to see if a resolution between the parties can be achieved. If you are interested in volunteering please fill out the form below and please e-mail it to Jennifer Dunham at email@example.com, or mail it to: Jennifer Dunham, 101 E. Edwardsville Road Suite 263, Wood River, IL 62095. If you have any questions please call 618.296.4760.
Jennifer Dunham, Program Administrator
Madison County Wood River Facility
101 E. Edwardsville Road, Suite 263 Wood River, IL 62095