Bankruptcy Indiana

Sometimes not losing what you already have is all the "win" you can hope for. That's a lesson I've been learning over the past two years, anyway.  A big part of my offering bankruptcy information in Indiana is helping readers and clients get updates on hiring and firing around the state.  As a debt consolidation lawyer offering bankruptcy services in Indiana for close to 25 years, I know how closely personal bankruptcy in Indiana and the availability of jobs in Indiana are tied to each other.

The big "keep what we have" news is that the Indianapolis Navistar plant is going to remain open after all, after being slated to close two weeks ago.  This decision doesn't create any new jobs, but it does save a couple thousand of them.  And, when it comes to workers who've filed individual bankruptcy in Indiana and who depend on income from their jobs to help make planned debt payments (under Chapter 13 banrkuptcy law in Indiana), it can make a huge difference.

Another company 's employees aren't quite so lucky in terms of keeping their jobs.  Norwood Promotional Products is leaving the state of Indiana and moving to Florida.  One of my colleagues in the Indianapolis Zuckerberg bankruptcy law offices reported that all 57 remaining Norwood employees will lose their jobs by year-end.

On a more positive (but longer term) note, Heritage Crystal Clean, Inc.oil refinery is locating a facility in Speedway, bringing 75 new jobs within the next two years..  Meanwhile, Smart IT Staffing, Inc. is expanding in Indianapolis and will create 80 new jobs in those same two years.

One of the Columbus bankruptcy lawyers in the Zuckerberg Bankruptcy Law Offices is a big race fan.  He's been following news about IZOD Indy Car Services, which has big manufacturing expansion plans, and will be hiring more technical staff.  (I'll keep you posted here at Bankruptcy in Indiana.)

For me, as an attorney offering Indiana bankruptcy help, there's another slant on all this news about Navistar staying open and all the planned hiring by other companies.  One kind of assistance I'm asked for just about every day is help stopping foreclosure on people's homes. The foreclosure situation in Indiana, while not as bad as other states, hasn't gotten much better this year.  Chapter 13 bankruptcy law in Indiana can help stop foreclosure.  The problem is, you can't file Chapter 13 without having an income, and that means we have to have jobs!

Before, during, and after bankruptcy - it still boils down to keeping jobs, and to keeping those jobs coming!