Foreclosure suit filed against owner of Wilshaw hotel property
The developers brought in to complete the long-stalled Wilshaw hotel project in Speedway have filed a foreclosure suit against the property owner, alleging failure to repay a loan.
Foreclosures
Articles
Regions Tower owners face $75M foreclosure suit after missing loan deadline
The owners of Regions Tower are facing a foreclosure suit after an alleged failure to pay off nearly $75 million of loans on the landmark property in downtown Indianapolis.
COA reverses, remands denial of summary judgment for bank in Martin Co. foreclosure dispute
A bank’s motion for summary judgment in a foreclosure action involving a Martin County property was erroneously denied, the Court of Appeals of Indiana ruled in a Tuesday reversal.
Interest exclusion in foreclosure case based on pandemic emergency orders reversed
A bank seeking to foreclose on an Indiana property can collect interest accrued during the early days of the COVID-19 pandemic despite emergency court orders tolling interest, the Court of Appeals of Indiana has ruled.
Homeowner loses appeal seeking to have insurance settlement pay her attorneys
An Indianapolis woman whose property fell into foreclosure after her house burned was unable to convince the Court of Appeals of Indiana that her mortgage allowed for part of the insurance payment to cover her attorney fees.
Allen Superior Court seeks to return $282K in foreclosure surplus funds
Dozens of former Allen County property owners are entitled to surplus funds following the foreclosure of their homes, the Allen Superior Court announced Tuesday. The court is now seeking to locate those property owners and return the funds.
Judge temporarily stays ruling against CDC eviction moratorium
A federal judge has temporarily stayed an order that found the Centers for Disease Control and Prevention exceeded its authority when it imposed a federal eviction moratorium to help stop the spread of the coronavirus.
Justices overturn ruling to pay contractor after bank acquired business
The Indiana Supreme Court on Thursday struck down lower court rulings in favor of an unpaid contractor that performed work for a South Bend business, finding that because the business’s assets are now owned by a bank rather than the prior company, the new bank-owned business is not liable for the bill.
Foreclosure case remanded over statutory violation
A foreclosure dispute over a Middletown home is headed back to the trial court in Henry County after the Indiana Court of Appeals determined an order granting immediate possession of the home to its seller was erroneous.
Lilly Endowment gives $250K boost to legal aid
Indiana Legal Services has received a $250,000 grant from the Lilly Endowment to help the growing number of Hoosiers who have legal needs as a result of the ongoing COVID-19 public health emergency.
Revisiting foreclosure case, COA reaffirms money judgment
A $112,000 money judgment originally upheld in 2019 has been reaffirmed in a second appellate decision issued in the case Tuesday.
Senate proposes higher appropriation to Legal Services Corp. amid pandemic
A U.S. Senate subcommittee has proposed a $6 million increase in funding for the Legal Services Corporation, potentially providing additional support as more legal aid offices are bracing for higher demand caused by the worsening COVID-19 crisis.
Legal aid attorney Copsey remembered for housing legacy
Orville Copsey, Jr., an Indianapolis attorney whose work helping many elderly and disabled clients stay in their homes earned him the nickname “St. Orville,” died Aug. 4. He was 88. “We have lost a true gem in our legal community,” one attorney said in tribute.
Meeting tenants’ legal needs in looming eviction cases could cost billions
As Indiana’s moratorium on evictions is set to end in a week, legal aid providers are estimating the national price tag for helping tenants facing the prospect of losing their places to live will top $2.5 billion.
Indiana eviction, utility shutoff moratoriums end next week
Indiana residents who have struggled to pay rent or utility bills during the coronavirus pandemic have one more week before the state’s protections against evictions and utility shutoffs end, despite a recent analysis that found that more than 40% of the state’s renters are unable to pay their rent.
Moratorium extended as landlords, tenants encouraged to avoid evictions
As Gov. Eric Holcomb extended the moratorium on evictions and foreclosures until mid-August, Indiana state courts increased their calls for residents and property owners to start trying to work out agreements that will keep families in their homes.
Rent’s due, again: Monthly anxieties deepen as aid falls off
Another month passes. The coronavirus pandemic marches on. And Americans struggling amid the economic fallout once again have to worry as their next rent checks come due Aug. 1.
Holcomb urges virus safety steps, not tougher rules; will extend eviction moratorium
Indiana will keep its current coronavirus restrictions in place for at least most of August, with Gov. Eric Holcomb choosing Wednesday to encourage compliance with safety measures amid continued concerns about recent growth in the state’s COVID-19 cases and hospitalizations. Holcomb also said he would briefly extend a moratorium on evictions that was scheduled to expire this week.
Holcomb extends eviction, foreclosure moratorium until July 31
Gov. Eric Holcomb on Tuesday extended Indiana’s moratorium on housing evictions for one month, through the end of July, continuing a prohibition put in place in March due to financial hardships wrought by the COVID-19 pandemic.
7th Circuit splits in loan modification dispute, rules in bank’s favor
A 7th Circuit Court of Appeals majority affirmed Thursday the dismissal of a homeowner’s complaint against a bank that he alleged failed to honor a loan-modification offer that could have kept him from foreclosure.