To Be Enforceable, An Indiana Mortgage Must Adequately Describe The Debt It Purports To Secure
Bankruptcy Proofs Of Claim And Standing/Loan Assignment Issues

2011 Indiana Enactments

Following-up my April 26th post regarding pending Indiana legislation, here is a listing of banking/foreclosure-related laws that were enacted in the 2011 session of the General Assembly:

HB1244 (Payment plan to remove property from tax sale) and HB1024 (Notice of foreclosure to property insurers) were not enacted.

IBJ.com's Tom Harton wrote a piece entitled "New laws affect commercial property owners" on May 17th, and here's a link to that article:  IBJ.com.

It does not appear that anything terribly significant occurred in this year's session.  If you feel differently, please post a comment or send me an email.

 

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