The opportunity for all parties to meet on the neutral ground of mediation provides a unique, non-adversarial opportunity to resolve the case. The presence of the mediator insures that the proceedings remain civil and non-adversarial. If the dispute is loan related, assemble current financial statements, tax returns and financial projections. Creditors should provide payment history, current loan balances and a description of collateral. Mediation involves many possible alternatives, and then allowing the parties to agree to one that will work for them.
Mediation works because there is give and take by both parties.
Come prepared to make and accept reasonable proposals.