Bankruptcy Indiana

Now I've got them all doing it - tracking employment statistics, I mean. The Columbus bankruptcy lawyers who work in the Mark Zuckerberg bankruptcy law offices, my colleagues the Bloomington, Anderson, and Indianapolis bankruptcy attorneys, my friends and family - everyone knows how important I think employment opportunities are to the success of the bankruptcy system in Indiana.

This is something I've always known to be true, but with the downturn in the economy over the past couple of years, employment has become something I think about literally every day.  In fact, I've devoted a lot of space in my bankruptcy blog to keeping readers and clients up to date on the job markets.  You see, clients turn to me for Indiana bankruptcy help.  But, after all the legal process has been gone through, and the clients have emerged from, say, Chapter 7 bankruptcy and been given the chance for a fresh financial start, they still need keep the bills paid on time.  To do that, at least one person in the family needs to have income from a job.

The clients whom I've helped file under Chapter 13 bankruptcy law in Indiana need steady work to keep up with their three-to-five year debt repayment plans.  Long story short, I do my part trying to make readers and clients aware of good news (job opportunities coming up) and alert them to bad news (layoffs that have been announced or predicted), so that they'll be prepared and take the necessary steps to cope with the situation. These employment reports are a sort of "extra" I provide along with my regular work of helping people file individual bankruptcy in Indiana, payday loan debt help, student loan debt help, and mortgage modification to help stop foreclosure.

This week's longer term news is mostly on the positive side. Inside Indiana Business reports that Delphi Corporation in Kokomo is launching an electric car project that's expected to bring 200 new jobs, while Heartland Recreational Vehicles hopes to create 265 jobs in Elkhart. On the negative side, Hill-Rom in Batesville plans to cut 160 more jobs, while in Evansville, Temple-Inland is closing its facility in June, affecting 80 employees.

I was very happy to read that the Northwest Indiana Workforce Board, Inc. reports that job orders increased 40% in March, and that, as of April 1st, there were more than 1,400 available job postings.

Remember President Clinton's favorite saying, "It's the economy, stupid!"  Well, as a bankruptcy lawyer in Indiana, to me it's evident - "It's the Job Market, Stupid!"