NAC561.100. Notice of time and place of mediation.

The Department will notify the creditor and borrower in writing of the time and place of the mediation. The mediation will be scheduled to begin within 60 days after the date the notice is sent. The notice will include:

     1. The time and location of the mediation;

     2. The name of the parties involved in the mediation;

     3. The name of the mediator;

     4. A brief description of the mediation process;

     5. A statement that the creditor must have a person present during mediation who has the authority to negotiate and enter into an agreement on behalf of the creditor;

     6. The information the Department requires the parties to bring to the initial mediation;

     7. A statement that the borrower and the spouse of the borrower, if he or she is married, must attend the mediation; and

     8. A statement that the creditor and borrower must agree upon a period during which the mediation will be concluded.

     (Added to NAC by Dep’t of Agriculture, eff. 10-30-90)