The South Carolina Supreme Court halted pending foreclosures Tuesday and instated a mandatory foreclosure intervention program.
Chief Justice Jean Toal wrote in an administrative order that any foreclosure cases pending as of May 9 may not be subject to foreclosure or a foreclosure sale before going through a mediation program. Foreclosure intervention will also be mandatory for any foreclosure cases filed after that date.
South Carolina is a judicial foreclosure state, meaning each individual case must go through the court system to be valid. Toal is hoping mediation will relieve some of the burden foreclosure volumes are causing to the court system.
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