Indiana § 24-5.5-2-2 "Foreclosure consultant"

Indiana Statutes

§ 24-5.5-2-2 — "Foreclosure consultant"

Indiana § 24-5.5-2-2

Art. 5.5MORTGAGE RESCUE PROTECTION FRAUD

Ch. 2Definitions

This text of Indiana § 24-5.5-2-2 ("Foreclosure consultant") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 24-5.5-2-2 (2026).

Text

"Foreclosure consultant" means a person who, directly or indirectly, makes a solicitation, a representation, or an offer to a homeowner to perform, with or without compensation, any service that the person represents will:

(1)prevent or postpone the initiation of a foreclosure proceeding, or reverse the effect of a foreclosure proceeding;

(2)allow the homeowner to become a lessee or renter in the homeowner's residence during or after a foreclosure proceeding; or

(3)allow the homeowner to have an option to repurchase the homeowner's residence after a foreclosure proceeding.

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"Foreclosure consultant" means a person who,
directly or indirectly, makes a solicitation, a representation, or an offer
to a homeowner to perform, with or without compensation, any service
that the person represents will:
(1) prevent or postpone the initiation of a foreclosure proceeding,
or reverse the effect of a foreclosure proceeding;
(2) allow the homeowner to become a lessee or renter in the
homeowner's residence during or after a foreclosure proceeding;
or
(3) allow the homeowner to have an option to repurchase the
homeowner's residence after a foreclosure proceeding.