Struggling homeowners could soon find extra help because Cook County courts are hoping to make it easier for residents in foreclosure to keep their houses.
Chancery Division Presiding Judge Dorothy Kirie Kinnaird is looking into creating an advisory committee of judges, experts and lawyers that would examine making court-ordered foreclosure mediation available to more homeowners in trouble.
Generally, mediation would involve bringing the homeowner and lender together to develop a plan that’s acceptable to both sides, with a neutral middle party as the moderator. Read more about avoiding foreclosure…
