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Indiana Foreclosure Law

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Indiana Foreclosure Law
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The Indiana Foreclosure laws allow lenders to seek legal remedies against defaulting borrowers through a judicial foreclosure.

  • The judicial foreclosure is trigger by the filing of a lawsuit in the Indiana court.
  • It is applicable when the Deed of Trust or mortgage does not have a power of sale clause.
  • The court will consider the facts of the case and issue a foreclosure.
  • There will be a considerable time interval between the foreclosure date and the date of sale of the property.
  • Lenders can use such intervals for advertising the property for sale to fetch a deserving market price.

If you are also considering triggering a lawsuit based on Indiana foreclosure laws, you should first talk with an experienced foreclosure lawyer. You can find an equipped Indian foreclosure lawyer here.

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