INDIANA FORECLOSURE LAWS

Indiana

ATTORNEY GENERAL’S OFFICE

Indiana Government Center South
302 W. Washington St.
Indianapolis, IN 46204
Tel: (317) 232-6201
Fax: (317) 232-7979
www.in.gov/attorneygeneral

Type of Document: Mortgage

TYPES OF FORECLOSURE:

Judicial: Judicial foreclosure is used in Indiana.

Deficiency: The lender may obtain a deficiency in some case. This may be avoided by the borrower. If the borrower waives the normal foreclosure process that can delay a sale from between three and twelve months, the lender, upon acceptance of the waiver, loses the right to a deficiency judgment.

Redemption: There is no right of redemption after the sale.

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