§ 24-4.5-5-0.1 Application of certain amendments to chapter
§ 24-4.5-5-101 Short title
§ 24-4.5-5-102 Scope
§ 24-4.5-5-103 Restrictions on deficiency judgments in consumer credit sales
§ 24-4.5-5-104 No garnishment before judgment
§ 24-4.5-5-105 Limitation on garnishment and proceedings supplemental to execution; employer’s fee
§ 24-4.5-5-106 No discharge from employment for garnishment
§ 24-4.5-5-107 Extortionate extensions of credit
§ 24-4.5-5-108 Unconscionability
§ 24-4.5-5-201 First lien mortgage transactions; civil liability for disclosure violations; debtor’s right to rescind
§ 24-4.5-5-202 Effect of violations on rights of parties
§ 24-4.5-5-203 Civil liability for violation of disclosure provisions
§ 24-4.5-5-204 Debtor’s right to rescind; accruing interest prohibited during rescission period; disbursement of proceeds
§ 24-4.5-5-205 Refunds and penalties as set-off to obligation
§ 24-4.5-5-301 Knowing violations
§ 24-4.5-5-302 Disclosure violations

Terms Used In Indiana Code > Title 24 > Article 4.5 > Chapter 5 - Remedies and Penalties

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dependent: A person dependent for support upon another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5