BROWNSBURG'S BANRUPTCY COURT SYSTEM:

When you file bankruptcy in areas around Brownsburg, it is filed in Indiana's Southern District for Bankruptcy. This is a federal court district and all cases are handled through the Federal Courthouse in Downtown Indianapolis. Most cases are filed through an electronic system, but bankruptcy can still be filed in person in the Courthouse's Bankruptcy Clerk's Office. There are extensive forms, requirements, and considerations when filing bankruptcy, and, therefore, seeking a professional to help you through the process is very strongly advised.

Indiana Southern District Bankruptcy Clerk's Office:

46 East Ohio Street
Indianapolis, Indiana 46204
(317) 229-3700
*Note: Physical Address of the Courthouse Only

http://www.insb.uscourts.gov/default.asp#

BROWNSBURG'S STATE (COUNTY) COURT SYSTEM:

Most non-bankruptcy Brownsburg court cases are handled through the Hendricks County Court System. Common examples include when creditors sue for collection, married couples file for divorce, or an inhertiance that is handled through probate. These courts are located in Danville, Indiana in the Courthouse in the middle of town.

Hendricks County's Court (for non-bankruptcy):

One Courthouse Square
51 W. Main St., # 104
Danville, IN 46122

Pho: (317) 745-9231

http://www.in.gov/judiciary/hendricks/

BROWNSBURG BANKRUPTCY STATISTICS:

1. The population of Brownsburg was 14,500 according to the 2000 U.S. Census. It is estimated that the population currently exceeds 40,000.

2. The median household income is $64,643, which is $12,276 higher than the national average..

3. Brownsburg is arguably largest and fastest growing area in Hendricks county. Plainfield is still considered larger by some sources.

4. Approximately 72% of people in the Brownsburg area file Chapter 7 bankruptcy when they choose to file bankruptcy.

5. Approximately 27% of people in the Brownsburg area file Chapter 13 bankruptcy when they choose to file bankruptcy.

6. Brownsburg, Indiana is above the national average in employment rates.

7. Brownsburg's sharp rise in population is attributed to increased development and extension of geograhpical limits.

8. Brownsburg's bankruptcy filing rate exceeds the national average. Indiana's bankruptcy and foreclosure rate exceeds the national average.

9. Bankruptcy attorneys in Brownsburg, Indiana's relative geographical range charge $500 to $2500 for filing a standard Chapter 7 bankruptcy.

10. Bankruptcy attorneys in Brownsburg's relative geographical range charge usually charge from $0 to $3500 as a down payment for Chapter 13.

11. The Bankruptcy Court for cases filed in Brownburg's Indiana Southern District charges $299 for Chapter 7 and $274 for Chapter 13 filings.

12. The most common immediate reasons for bankruptcy filings in Brownsburg, Indiana are job loss and medical issues.

*THE ABOVE BANKRUPTCY STATISTICS ARE FOR BROWNSBURG, IN 46112 - HENDRICKS COUNTY, INDIANA. THEY ARE BASED ON THE 2000 US CENSUS, PUBLISHED LOCAL STATISTICS, AND INDEPENDENT RESEARCH

MORE USEFUL BROWNBURG BANKRUPTCY INFORMATION:

Chapter 7 Bankruptcy In Brownsburg: This is the Bankruptcy that allows you to get a full "Fresh Start." Your debts are fully eliminated (with some exceptions such as student loans). You can keep your house and car(s) if you can afford to keep making the payments. This the most common bankruptcy. It is the Bankruptcy that approximately 72% of people from the Brownsburg Area choose to file to get relief. Some restrictions on income and assets can apply.

Chapter 13 Bankruptcy In Brownsburg: This the "Reorganization" Bankruptcy that allows you to reorganize your debts into a more affordable payment plan that will last for 3-5 years. This bankruptcy can negotiate better terms sometimes for the payback of your loans. This bankruptcy can also be used to stop foreclosure and bring house payments up to date. Approximately 27% of people living in the Brownsburg area file this type of bankruptcy. This type of bankruptcy is also chosen when it is not possible to file Chapter 7 bankruptcy due to income, asset, or prior filing restrictions.

Have a Lawsuit and live in Brownsburg?

All lawsuits are stopped and shut down by filing bankruptcy. Lawsuits are "stayed" until the are usually dismissed by the creditor or the court. There are only very limited exceptions to this rule such as divorce or child support suits.

Have a Garnishment and live in Brownsburg?

Garnishments are a result of an order coming out of a creditor's state court collection lawsuit. The order says that your employer must start taking portions out of your paycheck to pay back the creditor's debt. Bankruptcy stops garnishments and usually shuts down (or "stays") all lawsuits against you.

Is Your Home in Forclosure and you live in Brownsburg?

A foreclosure action or sheriff sale is either cancelled or postponed by the a bankruptcy filing. Usually, Chapter 7 only postpones the forclosure process. Chapter 13 has the ability to permanently cancel a foreclosure action by allowing the filer to pay back the arrears of the home through the Chapter 13 plan payments.

*THE INFORMATION POSTED ON THIS WEBSITE IS NOT LEGAL ADVICE AND IS INTENDED FOR GENERAL PURPOSES ONLY. YOU SHOULD CONTACT A BANKRUPTCY LAWYER FOR LEGAL COUNSEL.