Borrowers in foreclosure cases filed after July 1, 2009, have the legal right to request a settlement conference with the mortgage lender. A settlement conference is a face-to-face meeting with your lender’s representative to potentially work out a deal with your lender before a foreclosure takes place.
The Office of Judicial Administration is required by Indiana Code [IC 32-30-10.5-10(i)] to provide a list of items needed for a settlement conference. These items listed are part of the loss mitigation packet:
If you have questions about handling a legal matter, please contact a lawyer. See Getting Legal Help for some resources.