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Current as of January 02, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-30-10.5-4.7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-30-10-5-4-7/
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