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Special Tab: LOAN MODIFICATION MANAGEMENT PROGRAM

3-10:  Special Tab: LOAN MODIFICATION MANAGEMENT PROGRAM

Our court has a program for debtors who own real property that is at risk of foreclosure.  It is called the "Loan Modification Management Program" because there is a company that manages a portal where documents are submitted and stored.  The short term for the program is "LMM Program."  The purpose of the program is for lenders and debtors to work together in a supervised manner to hopefully avoid the foreclosure process.  

Judges who participate in this program have a special tab on their webpage that identifies them as a judge who participates in the LMM Program.  

In 2023, the court converted this from a pilot program to a permanent program.  On February 7, 2024, the court posted updated LMM Procedures and revised LMM Forms, to make the process more streamlined and user-friendly.   The court also issued a General Order authorizing the updated procedures and mandatory forms to file on the bankruptcy case docket, orders to lodge, or forms to post in the LMM portal.  

Please note that the updated LMM Forms now contain a notice of motion when the LMM Form requests an order from the court.    

  • See link below to access the General Order 24-01
  • See link below to access the updated LMM Procedures and LMM Forms.

 

Section: 
Section 3 - Judges' Procedures -- Judges' Webpages
Section Number or LBR Number: 
3-10
Reference to Common Topics: