Foreclosure Mediation is a process in the State of Nevad where the grantor or person who holds title of record may file a Petition for Foreclosure Mediation. They would file with the District Court if they desire to participate. You may also have an attorney file on your behalf.
The State of Nevada’s Foreclosure Mediation provides eligible homeowners with the option to meet with a representative of the beneficiary and a state approved third party mediator to discuss alternatives to foreclosure.
You are eligible to participate in this program if all items below apply:
⦁ A Notice of Default has been filed on your residential property in the past 30 days.
⦁ If this property is your primary owner-occupied residential property and not a vacation, 2nd home, rental or other property where the homeowner does not live.
⦁ If you do NOT have an open bankruptcy proceeding under Chapter 7, 11, 12, or 13 of Title 11 of the United States Code.
*Please also note that DW Agents are unable to provide legal advice or guidance on compliance with Senate Bill 490 or the Nevada Supreme Court Foreclosure Mediation Rules adopted on August 1, 2017. We will gladly get you in touch with a licensed attorney to discuss your options at no cost if you us a call or fill out the Contact Us form located throughout the website.*
To exercise your rights under the State of Nevada Foreclosure Mediation Program you must:
1. File a Petition with the District Court.
2. Pay a $25 filing fee, serve a copy of the filed Petition to the beneficiary of the deed, Home Means Nevada Inc. and the trustee by certified mail, or electronic transmission if authorized.
3. Pay the District Court the appropriate fees.
Our goal is to provide you with resources and information on the State’s Foreclosure Mediation Program. Additional information on the Nevada Supreme Court Foreclosure Mediation Rules adopted on August 1, 2017, can be found on the Nevada Supreme Court website at https://nvcourts.gov/Supreme/Decisions/Administrative_Orders/.
Senate Bill 490- https://www.leg.state.nv.us/Session/79th2017/Bills/SB/SB490_EN.pdf
Supreme Court Ruling ADKT 435 – https://nvcourts.gov/Supreme/Rules/Amendments/Foreclosure_Mediation_Rules/
The Civil Law Self-Help Center has put together a great resource detailing basic steps involved in the State of Nevada Foreclosure Mediation Program. Click here to be taken to this information. https://www.civillawselfhelpcenter.org/self-help/foreclosure-mediation/148-petition-for-foreclosure-mediation-assistance
