Indiana Foreclosure Process Knowledge Base
How do you dismiss the pre-forclosure period in Indiana? We have not made payments on our home for a year and a half. The bank has not started the foreclosure process yet, but stated they would be soon. We have read that you could dismiss the pre-forclosure process to avoid paying any unsatisfied debt after the sheriffs sale of the home. Does anyone have any information on how to dismiss the pre-foreclosure process in Indiana?
I am thinking of going into foreclosure....? With Countrywide on horrible ARM on home in Indiana. Been trying to work with them for 2 years(Re-Fi, Rate Freeze, Rate Adjustment, Short Sale, ect.) and am still at square one and I am extremely tired of talking to their call center in India. I have literally called 2-3 times a week for the past 2 years! They have done nothing but give me the run around. I purchased the house in Nov/2005(I should not have even qualified for this loan, but live and learn!) My ARM just keeps going up plus I am deficient $4400 in my escrow account due to them underestimating my taxes. But I am currently not behind on my payments.I would LOVE to just "walk away". I recently got married and we do not live there. I am not concerned about my credit because we can put everything in my husbands name. Is foreclosure my best option? And how can I expedite this process and walk away not owing any more money? I have given them plenty of money, believe me.
foreclosure process in Indiana? I live in Marion county and am in foreclosure, or pre foreclosure, I have received the papers that state I have 28 days to answer, this time has passed and have heard nothing else, just need to know if I will be given time to move once the foreclosure process is completed or if they come and lock the house up with everything in it, not sure how it works. Appreciate any info anyone can give me, Thank you.
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