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§ 32-30-10-5-4-7 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 32 - Property/
  5. Article 30 - Causes of Action Concerning Real Property/
  6. Chapter 10.5 - Foreclosure Prevention Agreements for Residential Mortgages32-30-10.5-1. Legislative Findings; Purpose/
  7. § 32-30-10-5-4-7
Indiana Legal Code

§ 32-30-10-5-4-7

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As used in this chapter, 'loss mitigation package' means a set of documents, the components of which:(1) are specified by the authority under section 10(i) of this chapter;(2) provide information about a debtor's present and projected future income, expenses, assets, and liabilities; and(3) are necessary for a creditor to make underwriting decisions or other determinations in connection with a potential foreclosure prevention agreement with the debtor to whom the documents apply.As added by P.L.170-2011, SEC.6.