Living in Brownsburg, Indiana
Brownsburg is a growing town of about 27,000 people in Hendricks County, Indiana that sits along White Lick Creek, which flows from the White River. It has a classic American small-town atmosphere with a bustling downtown Main Street and scenic nearly-rural views despite its proximity to Indianapolis.
The town has an exceptional liveability rating due to its strong public schools, low crime rate, high affordability, and many lifestyle amenities. It’s about 5% less expensive to live here than the U.S. average and homes tend to hold their value in Brownsburg.
Although Brownsburg is small enough that it doesn’t have a large number of high-paying jobs in the city proper, its proximity to nearby cities like Zionsville, Plainfield, and Indianapolis provides plenty of employment options. It has strong job and business growth including high employment in real estate, distribution, warehousing, manufacturing, foods, and education.
About Bankruptcy in Brownsburg, Indiana
Some Brownsburg residents struggle to survive here economically. While homeowners in Brownsburg typically pay 17% less than the national average, renters tend to pay 8% more. Car costs can also be high due to commuting to nearby cities to work.
A financial crisis can befall anyone in Brownsburg who loses their job, has an unexpected emergency, or experiences a staggering medical challenge. In fact, across the U.S., the #1 cause of bankruptcy is medical debt. Other common causes include job loss, divorce, property damage, and crises that shake up your life and prevent you from paying your bills on time.
Here in Brownsburg, people sometimes go underwater on car payments, mortgage payments, and other monthly expenses and turn to bankruptcy for a fresh start. You may need to file for bankruptcy in Brownsburg to take control of your finances as you ease your overwhelming debt.
In the U.S. as a whole, Chapter 7 bankruptcy is the nation’s most popular choice because it quickly liquidates all of your nonexempt property and is usually finalized quickly within a period of 3 to 6 months. This might be the right choice if you qualify because it wraps up fast.
Chapter 13 takes longer at 3 to 5 years, but it may allow you to maintain your good name with your creditors while keeping your Brownsburg home and your most treasured belongings. Homeowners and business owners often choose Chapter 13.
Nationwide and Local Bankruptcy Statistics
NATIONWIDE
During a 12-month period, the total number of new bankruptcy filings in the U.S. fell. However, COVID-19 and other factors may have a long-term impact on the U.S. economy, creating medical bills and job loss that could raise the future level of bankruptcy filings.
U.S. Chapter 7 Filings
2016: 523,394
2017: 488,417
2018: 480,933
2019: 477,417
U.S. Chapter 13 Filings
2016: 302,193
2017: 298,348
2018: 290,566
2019: 288,039
INDIANA
Indiana’s number of new bankruptcy filings has dropped in recent years, while the number of Chapter 13 filings has risen.
Indiana Chapter 7 Filings
2015: 7885
2016: 7168
2017: 6947
2018: 6853
2019: 6632
Indiana Chapter 13 Filings
2015: 3043
2016: 3015
2017: 2857
2018: 3030
2019: 3105
HENDRICKS COUNTY
Includes Brownsburg, Avon, Plainfield, and Danville
Chapter 7 Filings
- 2015: 397
- 2016: 371
- 2017: 299
- 2018: 320
- 2019: 349
Chapter 13 Filings
- 2015: 170
- 2016: 172
- 2017: 150
- 2018: 193
- 2019: 195
Your Brownsburg, Indiana Bankruptcy Courthouse Location
As a Brownsburg resident, you must file for bankruptcy through the United States Bankruptcy Court for Hendricks County. Please use the information below.
Birch Bayh Federal Building and the United States Courthouse
116 US Courthouse
46 East Ohio Street
Indianapolis, IN 46204
Counties Served:
Bartholomew, Boone, Brown, Clinton, Decatur, Delaware, Fayette, Fountain, Franklin, Hamilton, Hancock, Hendricks, Henry, Howard, Johnson, Madison, Marion, Monroe, Montgomery, Morgan, Randolph, Rush, Shelby, Tipton, Union, and Wayne.
Sawin & Shea – Brownsburg, Indiana Bankruptcy Attorneys
Filing for bankruptcy is not the end. It’s the beginning of a new financial life for you. The Brownsburg, Indiana bankruptcy attorneys at Sawin & Shea can help you get rid of the overwhelming debt and advise you on life after bankruptcy. We are here for you during this life-changing process. Please do not hesitate to call us today at 317-759-1483 or send an email for a free consultation. We are ready to help.
