Comments: IN HB1411 | 2015 | Regular Session

Bill Title: Foreclosure prevention and post-foreclosure leases. Requires a court, in a mortgage foreclosure action with respect to an occupied dwelling, to consider evidence concerning the effect of the foreclosure. Requires the court to withhold entry of judgment in a foreclosure action for 180 days if the court finds: (1) entry of a judgment of foreclosure will have a negative effect on the occupant or neighborhood or may lead to the house becoming vacant; and (2) there is a reasonable possibility that withholding entry of judgment in a foreclosure action will reduce the negative effects. Permits a court to require a mortgagee

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-01-14 - First Reading: referred to Committee on Judiciary [HB1411 Detail]

Text: Latest bill text (Introduced) [PDF]

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