Real Estate Law
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Adverse possession requires possession for 10 years adverse to the ownership rights of the true owner......per Ind. Code Ann. §§ 32-23-1-1, 34-11-2-11....since you are the true owner, subject to the mortgage loan, you can't adversely possess or claim squatter's rights against yourself. Instead, the foreclosure would have to go through......then you would have to stay 10 years post-foreclosure without permission from the new owner/bank.
As for the statute of limitations - - or the time within which the lender can sue/foreclose - - the lender has 10 years from the maturity date to foreclose. Here's a link you can read: http://commercialforeclosureblog.typepad.com/indiana_commercial_forecl/2013/06/indiana-2013-legislation-part-iii-mortgage-statute-of-limitations-amended.html
So, you're not going to be able to avoid the foreclosure by claiming adverse possession or that the statute of limitations has expired (because it hasn't yet).
IF you would like to try and keep your property, the best option is to file chapter 13 bankruptcy and work out a repayment plan that modifies the mortgage payment to an amount you can afford monthly.