654A.8 Initial mediation meeting.
1. Unless the borrower waives mediation, within twenty-one days after receiving a mediation request the farm mediation service shall send a mediation meeting notice to the borrower and to all known creditors of the borrower setting a time and place for an initial mediation meeting between the borrower, the creditors, and a mediator directed by the farm mediation service to assist in mediation. An initial mediation meeting shall be held within twenty-one days of the issuance of the mediation meeting notice.
2. If a creditor subject to this chapter receives a mediation meeting notice under subsection 1, the creditor and the creditor’s successors in interest may not continue proceedings to enforce a debt against agricultural property of the borrower under chapter 654, to forfeit a real estate contract for the purchase of agricultural property of the borrower under chapter 656, to enforce a secured interest in agricultural property under chapter 554, or to otherwise garnish, levy on, execute on, seize, or attach agricultural property. Time periods under and affecting those procedures stop running until the farm mediation service issues a mediation release to the creditor.
86 Acts, ch 1214, §21
Referred to in §654A.12
Structure Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 654A - FARM MEDIATION — FARMER-CREDITOR DISPUTES
Section 654A.4 - Applicability of chapter.
Section 654A.5 - Voluntary mediation proceedings.
Section 654A.6 - Mandatory mediation proceedings.
Section 654A.7 - Financial analyst and legal assistance.
Section 654A.8 - Initial mediation meeting.
Section 654A.9 - Duties of mediator.
Section 654A.10 - Mediation period.
Section 654A.11 - Mediation release.
Section 654A.12 - Extension of deadlines.
Section 654A.13 - Confidentiality.