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Nevada Lawyers Under Fire For Foreclosure Mediation Practices

Brian Wargo of the Las Vegas Sun wrote an interesting article in Friday’s edition about Nevada’s new mediation law for people facing foreclosure.

The Nevada legal community is getting behind a new mediation program designed to reduce the state’s ongoing foreclosure problem, but some attorneys are facing criticism for trying to profit from it.

As of July 1, homeowners who receive notices of default from their lenders have 30 days to seek mediation. So far, more than 450 homeowners have requested mediation, which could begin by late August or early September, said Bill Gang, spokesman for the Nevada Supreme Court, which is overseeing the program.

http://www.lasvegassun.com/news/2009/aug/21/foreclosure-filings-catch-flak/