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CT SB00391
Bill
Status
Passed
6/1/2018
Primary Sponsor
Banking Committee
Click for details
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