Living in Avon, Indiana
Five miles west of Indianapolis in Hendricks County is Avon, a small but bustling town of about 20,000 people. It has an affordable, family-friendly atmosphere with economic opportunities that landed it on Money magazine’s list of America’s best places to live.
Avon gets high marks for having good public schools, affordable housing with a median price of about $184,000, low crime, thriving nightlife, and a surprising level of diversity for a town that almost feels rural. Its close proximity to Indianapolis creates a broad base of employment options, yet commuters still come home to the quiet, tree-lined streets of Avon. Nearly every home here has close proximity to more than 100 acres of parks.
The vast majority of Avon residents own their homes, with only about 15% of its residents renting or leasing their homes. The Avon area frequently makes lists of Indiana’s best places to buy a house, best places to live in the suburbs, and communities with the best schools.
About Bankruptcy in Avon, Indiana
Despite Avon’s thriving housing market and strong community spirit, some people struggle to survive here economically. About 3% live below the poverty line in Avon. A financial crisis can befall anyone who loses their job or experiences a staggering medical challenge.
Across the U.S., the #1 cause of bankruptcy is medical debt. Other common causes include job loss, divorce, property damage, and unexpected emergencies that shake up your life and prevent you from paying your bills on time.
Here in Avon, people sometimes go underwater on car payments, mortgage payments, and other monthly expenses before turning to bankruptcy. You may need to file for bankruptcy in Avon for a wide variety of reasons. Bankruptcy is a responsible choice that allows you to take control of your finances as you ease your overwhelming debt.
In the U.S. 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. If you need a fast fresh start, this might be the right choice if you qualify.
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 Avon home and your most treasured belongings. Homeowners and business owners often choose Chapter 13 for a variety of reasons.
Nationwide and Local Bankruptcy Statistics
NATIONWIDE
Over a period of 12 months, 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, including Avon, Brownsburg, 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 Avon, Indiana Bankruptcy Courthouse Location
If you are an Avon 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 – Avon, Indiana Bankruptcy Attorneys
Filing for bankruptcy is not the end. It’s the beginning of a new financial life for you. The Avon, 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.
