Indiana Response to Notice of Final Cure Payment is a document that a borrower in Indiana must complete and submit to their lender in order to confirm that they have paid the outstanding balance on a secured loan. This document is typically sent to the borrower after they have made the final cure payment on the loan. The document provides the borrower with an opportunity to confirm the payment and provide any additional information that the lender may need. There are two types of Indiana Response to Notice of Final Cure Payment: a Voluntary Acknowledgement of Final Cure Payment and a Response to Notice of Final Cure Payment with Objection. The Voluntary Acknowledgement of Final Cure Payment is a document that the borrower completes and signs to confirm that they have made the necessary payment and that they have no objections to the lender’s actions. The Response to Notice of Final Cure Payment with Objection is a document in which the borrower details any objections they may have to the lender’s actions and requests a hearing to resolve the dispute.
Indiana Response to Notice of Final Cure Payment
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How to fill out Indiana Response To Notice Of Final Cure Payment?
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FAQ
Creditors must file a response to the notice of final cure payment within 21 days after service of the notice. This response will state whether the creditor agrees that all arrears have been paid. The response will also state whether any post-petition amounts under the mortgage loan remain unpaid.
The response is filed to provide a statement indicating: 1) whether the creditor agrees that the debtor has paid the full amount required to cure the default, and 2) whether the debtor is otherwise current on all payments.
Cure Payment means the payment of Cash or the distribution of other property (as the parties may agree or the Bankruptcy Court may order) that is necessary to cure any and all defaults under an executory contract or unexpired lease so that such contract or lease may be assumed, or assumed and assigned, pursuant to
