Mediation Is a Process by Which the Parties to a Dispute

question 67

True/False

Mediation is a process by which the parties to a dispute come together informally, either with or without their lawyers, and attempt to resolve their dispute. No independent or neutral third party is involved.

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Definitions:

Individual Debts

Financial obligations or amounts of money that are owed by a single person, as opposed to those owed by a group or company.

Chapter 13

A section of the U.S. Bankruptcy Code that allows individuals with a regular income to reorganize their debts, creating a plan to repay all or part over a period of time.

Societal Cultures

The shared values, norms, behaviors, and artifacts that characterize different groups or societies.

Organizations

Organizations are collections of people working together to achieve a common purpose.