Yes I do realize they WILL ask me to disclose financials; I also do not want disclose this information.
There are a couple reasons I might request this option even if I don't intend to disclose financials including the possibility of "buying" an additional 30-60 days or until they cancel. I do have to pay the the fee for the referral to mediation hence the "buying".
The other reason for doing this is the possibility of the bank offering to modify my payment without the financial disclosure. It might be a stretch but I have not read much about people who have completed mediation. If you read an earlier post (#73) you will see how my bank had sent me a letter prior to Thanksgiving on a payment reduction without any financial information submission. Back then, they mentioned they could reduce this proposed lower payment even further if I submitted more paperwork; I chose not to act on this proposal since they are just band-aiding the actual problem and there was nothing in writing except a send us three "trial payments". I might act on a similar option if the payment amount is comparable or in the ball park for what I would have to pay in rent and if they put it in writing.
Keep us posted on your situation.