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§ 24-5-5-2-2 — Indiana Law | CourtGPT
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  6. Chapter 2 - Definitions24-5.5-2-1. Application of Definitions/
  7. § 24-5-5-2-2
Indiana Legal Code

§ 24-5-5-2-2

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'Foreclosure consultant' means a person who, directly or indirectly, makes a solicitation, a representation, or an offer to a homeowner to perform, with or without compensation, any service that the person represents will:(1) prevent or postpone the initiation of a foreclosure proceeding, or reverse the effect of a foreclosure proceeding;(2) allow the homeowner to become a lessee or renter in the homeowner's residence during or after a foreclosure proceeding; or(3) allow the homeowner to have an option to repurchase the homeowner's residence after a foreclosure proceeding.As added by P.L.209-2007, SEC.2.