Danville Bankruptcy Attorney Experience in Mortgage Foreclosure Defense
Indiana Bankruptcy Law Firm Represents Homeowners Facing Foreclosure
Numerous Indiana homeowners are facing financial crisis, and many are in danger of losing their homes to foreclosure. If you are facing foreclosure in Indiana, it is important that you know your rights. The state of Indiana has a law that allows homeowners to speak directly to their lenders to create opportunities to avoid foreclosure and keep their homes. Some of the requirements of this law include:
- The lender must notify the homeowner of their right to request a settlement conference at the beginning of the foreclosure proceeding.
- The judge is not allowed to sign a foreclosure order until a settlement conference has occurred, if the homeowner requested one.
- The lender must send a representative to the settlement conference.
- Information about the Indiana Foreclosure Prevention Network, a non-profit organization that offers guidance, advice, and information to homeowners in danger of foreclosure, must be provided to the homeowner during the foreclosure process.
Banks or lenders who are pursuing a foreclosure filing in Indiana must send notice of the foreclosure at least 30 days in advance of the filing. Hoosiers facing foreclosure are encouraged to call 877-GETHOPE a toll-free help line available free of charge daily from 8:00 a.m. to 8 p.m. Indiana homeowners are also encouraged to seek advice and representation of an experienced attorney such as Michael Jeffries, who is extremely familiar with the home foreclosure process in Indiana.
Call Jeffries Law Today
Seeking to avoid mortgage foreclosure in Indiana? Contact Jeffries Law, LLC, a firm that has represented homeowners throughout Central Indiana for nearly 20 years. Contact our firm online or call 317-451-8544 to schedule a free case evaluation at our Danville office today.