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Experienced Bankruptcy Attorneys Serving Greenwood, Indiana

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QUALITY, COMPASSIONATE REPRESENTATION

OVER 75 YEARS OF BANKRUPTCY SERVICE EXPERIENCE.

Living in Greenwood, Indiana

Sitting just to the south of Indianapolis, the city of Greenwood first saw settlers as early as 1823 with a single cabin. The city today boasts a population of over 60,000 people, having grown over 22% in the last decade (though only 1.7% between 2019 and 2020). 

The 14th largest city in the state of Indiana, 57.8% of Greenwood residents are homeowners with 42.2% renting. The majority of homeowners are married, and only 23.3% of married couples rent. 

The median household income is $75,751 with a poverty rate of 9.85%. Greenwood has an unemployment rate of 4.2%

Bankruptcy in America

A recent study found that medical issues have contributed significantly to two-thirds of individuals filing for bankruptcy in the United States. While America’s high healthcare costs have long given rise to financial troubles, recent uncertainty with the state of health insurance as well as the unprecedented COVID-19 pandemic only have made the situation more dire for many Americans. 

Beyond healthcare costs, loss of income, expensive mortgages, foreclosure, student loans, divorce, and other factors such as living above one’s means or experiencing a birth or death in the family have contributed to the need for many Americans to turn to bankruptcy. 

Recent data shows that personal bankruptcies peaked during the Great Recession in 2005, with over 2 million people filing for bankruptcy. Also in 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) took effect and limited the number of individuals who could qualify for Chapter 7 bankruptcy; despite this, Chapter 7 remains the most common filing.   

To file for bankruptcy in Indiana, whether Chapter 7 or Chapter 13, you must provide detailed information about your financial situation, including property, income, expenses, bills and any additional transactions. 

Overwhelmed? A qualified Indiana bankruptcy attorney can help you navigate the required forms and paperwork, ensuring a proper and successful filing process. 

You’re Not Alone: Bankruptcy Statistics

National Numbers

Take a look at the number of bankruptcy filings for the past four years nationwide, and know that you are not alone in needing financial help. 

Chapter 7 Filings

2019: 477,417

2018: 480,933

2017: 488,417

2016: 523,394

Chapter 13 Filings

2019: 288,039

2018: 290,566

2017: 298,348

2016: 302,193

Indiana’s Numbers

The Southern District of Indiana saw the following filings over the last five years:

Chapter 7 Filings

2019: 6,632

2018: 6,853

2017: 6,947

2016: 7,168

2015: 7,885

Chapter 13 Filings

2019: 3,105

2018: 3,030

2017: 2,857

2016: 3,015

2015: 3,043

Of these filings, the following occurred in Johnson County:

Chapter 7 Filings

2019: 396

2018: 420

2017: 394

2016: 413

2015: 442

Chapter 13 Filings

2019: 228

2018: 221

2017: 200

2016: 203

2015: 219

The Southern District of Indiana has three federal courts for filing bankruptcy. The court serving Greenwood and Johnson County is the Birch Bayh Federal Building and United States Courthouse. 

Birch Bayh Federal Building and United States Courthouse

116 U.S. Courthouse

46 East Ohio Street

Indianapolis, IN 46204

https://www.insb.uscourts.gov/

This court serves the following counties in addition to Johnson:

Bartholomew, Boone, Brown, Clinton, Decatur, Delaware, Fayette, Fountain, Franklin, Hamilton, Hancock, Hendricks, Henry, Howard, Madison, Marion, Monroe, Montgomery, Morgan, Randolph, Rush, Shelby, Tipton, Union and Wayne. 

Sawin & Shea—Greenwood, Indiana, Bankruptcy Attorneys

Filing for bankruptcy is not the end. It’s the beginning of a new financial life for you. 

The Greenwood 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.

6100 N. Keystone Ave., Suite 620
Indianapolis, IN 46220
Phone: 317-759-1483
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5251 S. East Street, Suite 31
Indianapolis, IN 46227
Phone: 317-759-1483
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Attorney Advertising. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

$0 Down Attorney Fees

No upfront attorney fees in qualifying cases. Pay only court filing fee, credit reporting fee, and pre-bankruptcy credit counseling session fee to get a case on file to stop garnishments, repossessions, and certain court actions. Restrictions may apply. Please call to discuss your situation and learn how we can help.