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In these difficult economic conditions, many lenders are requiring accelerated repayments on mortgages and other debts (credit card etc) due to defaults on repayments and non-compliance with other lending conditions.

If you have a situation where a bank or other financial institution is attempting to recover property or commence other legal proceedings, you ought to consider taking a proactive approach to resolving the dispute before such circumstances eventuate and inviting them to mediation.

Many people leave unpaid debts for months and months and then before too long the banks have retained legal representation to seek recovery of the particular property that is secured by the debt or otherwise.

Mediation can be a useful tool in resolving the dispute, without the drastic and sometimes expensive measures of property recovery and litigation.