If you’re a Florida homeowner struggling to keep up with your mortgage payments and facing foreclosure, Chapter 13 bankruptcy combined with the Mortgage Modification Mediation (MMM) program might be your lifeline. The bankruptcy court offers a sponsored program that provides a structured, court-supervised way to apply for a mortgage modification while under Chapter 13 bankruptcy protection.
What Is the MMM Program?
The Mortgage Modification Mediation (MMM) program is unique to certain federal bankruptcy courts, including the Southern District of Florida, when filing for Chapter 13 Bankruptcy. It provides a fair, transparent process for negotiating mortgage modifications between debtors and lenders—facilitated by an impartial mediator and managed through a secure online portal.
In short: It gives you a structured chance to lower your mortgage payments and avoid foreclosure—without having to deal directly with unresponsive lenders.
Who Qualifies for MMM in the Southern District of Florida?
To qualify:
- You must file under Chapter 13 bankruptcy.
- The property must be your primary residence.
- You must be on the title of the property.
- You must show you have a regular income to support a modified mortgage payment.
Benefits of the MMM Program
- Stops foreclosure while you negotiate
- Forces lenders to participate in good faith
- Offers a chance to keep your home with more affordable terms
- Avoids lengthy litigation
- Administered under court supervision
Why Work With a Bankruptcy Attorney?
The MMM process is technical and time-sensitive. A Florida bankruptcy attorney experienced with the procedures will:
- Help file the correct motions and forms
- Ensure deadlines are met
- Represent you in mediation
- Maximize your chances of success
Chapter 13 and the MMM combination can be a powerful tool for Florida homeowners fighting foreclosure. With the court’s support and a structured process in place, many debtors have successfully saved their homes—even when previous modification attempts failed outside bankruptcy.
If you’re behind on your mortgage and unsure what to do next, speak with a qualified bankruptcy attorney in the Southern District of Florida. The sooner you act, the more options you have.
