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Bronx Supreme Court Foreclosure Settlement Conference Part (FCP) Rules (CPR 3408 (a) Residential Foreclosure Actions) Effective 7/3/14 Supervising Justice: Sharon A.M. Aaron's, J.S.C. Room: Telephone:
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Foreclosure settlement conference part is a court-ordered meeting between the lender and the homeowner to discuss alternatives to foreclosure.
The homeowner or their representative is required to file the foreclosure settlement conference part.
The foreclosure settlement conference part must be filled out accurately and completely, providing all required information requested by the court.
The purpose of the foreclosure settlement conference part is to explore options for avoiding foreclosure and reaching a mutually beneficial agreement between the lender and the homeowner.
The foreclosure settlement conference part must include information about the homeowner's financial situation, attempts to modify the loan, and any proposed alternatives to foreclosure.
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