Ill. R. Cir. Ct. Lake Cnty. 7-2.01
The purpose of the Residential Real Estate Mortgage Foreclosure Mediation Program ["Program"] is to (1) alleviate the financial burden on Lenders, Homeowners, and taxpayers caused by residential mortgage foreclosures; (2) foster direct and meaningful communication between Lenders and Homeowners; (3) provide an expeditious means of resolving residential mortgage foreclosure disputes, where reasonable and possible, as an alternative to foreclosure litigation under the Illinois Mortgage Foreclosure Law; (4) reduce the backlog of residential mortgage foreclosure cases pending in the Nineteenth Judicial Circuit; (5) keep families in their homes, where reasonable and possible, or provide families that are unable to remain in their homes with a reasonable means and timeframe for vacating their homes; and (6) reduce the negative impact of foreclosures on Lake County neighborhoods and communities and on the values of properties located therein.
Ill. R. Cir. Ct. Lake Cnty. 7-2.01