When the bills pile up, so do the misunderstandings between borrower and lender. Mediation provides a forum for borrowers and creditors to resolve their financial disputes and explore any options that can keep the family farmer in business and keep our rural communities viable. The process promotes calm and rational discussion of the issues to identify goals and options, reduce fault-finding and construct a plan that will benefit borrowers as well as creditors. All participants in the mediation process get to speak and be heard.
Mediation is an efficient and economical way to resolve disputes.
However, this is a voluntary settlement process. Mediation is not legally binding and the mediator has no power to find fault or impose a particular solution.