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CT SB00391

Bill

Status

Passed

6/1/2018

Primary Sponsor

Banking Committee

Click for details

Origin

Senate

2018 General Assembly

AI Summary

  • Removes the requirement that a mortgagor represented by counsel must attend the first foreclosure mediation session in person, effective October 1, 2018
  • Allows party's counsel to appear on behalf of the party at mediation if the party is available by telephone and speakerphone and has the ability to mediate
  • Requires mortgagees to respond to complete financial documentation packages within 35 days with a decision and reasons for any denial
  • Mandates mediators file reports within three business days after each session documenting compliance, submissions, offers, and progress toward resolution
  • Authorizes courts to impose sanctions on parties engaging in intentional or pattern misconduct during mediation, including terminating mediation, ordering in-person participation, and denying attorney's fees to non-compliant mortgagees

Legislative Description

An Act Eliminating The Requirement That A Mortgagor Represented By Counsel Attend The First Foreclosure Mediation Session In Person.

Last Action

Signed by the Governor

6/1/2018

Committee Referrals

Banking3/1/2018

Full Bill Text

No bill text available