"Loss mitigation package"

Ind. Code § 32-30-10.5-4.7
in effect
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Sec. 4.7. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026

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