INDIANA FORECLOSURE LAWS
TYPES OF FORECLOSURE:
Judicial: Judicial foreclosure is used in Indiana.
Deficiency: The lender may obtain a deficiency in some case. This may be avoided by the borrower. If the borrower waives the normal foreclosure process that can delay a sale from between three and twelve months, the lender, upon acceptance of the waiver, loses the right to a deficiency judgment.
Redemption: There is no right of redemption after the sale.