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As I’ve emphasized often before in Bankruptcy in Indiana, it’s really all about jobs. Whether it’s qualifying to file under Chapter 13 bankruptcy law in Indiana, or whether it’s getting back on one’s financial feet after filing bankruptcy Chapter 7 in Indiana, it comes down to having income to keep the bills paid. That’s why it’s been so important for me, as a debt consolidation lawyer, to keep my clients and readers updated on the employment situation in our state.

• Ports, I’m learning, are helping a lot.  A new study I read about in Inside Indiana Business suggests that Indiana’s three ports contribute $5.4 billion to Indiana’s economy each year, accounting for more than 43,500 jobs. To me that says clients will have a better chance to successfully emerge from personal bankruptcy in Indiana.

   

• Solar panels are helping, too. Fort Recovery Construction & Equipment is expanding its SolarAg division, creating up to 120 new jobs in the next three years. To me that means clients who’ve filed small business banakruptcy in Indiana will have a better chance at getting business back on its feet.
   
• Green is good. The Indiana Department of Environmental Management is awarding $500,000 in grants to create hundreds of new “green” jobs. With the “ripple effect” that can have, that could help stop foreclosure in many cases, and help clients make a fresh financial start after filing individual bankruptcy in Indiana.
   
• Parking helps.  Dallas-based ACS will operate Indianapolis’ public parking system, and that will create 200 new jobs, according to Mayor Greg Ballard.

While the four Mark Zuckerberg bankruptcy law offices are in Indiana’s Southern District, including the Columbus bankruptcy lawyers who help serve the entire southern part of the state, I’m always interested in news from every part of the state. As an attorney who’s provided Indiana bankruptcy help to tens of thousands of individuals and families, including those filing small business bankruptcy in Indiana, I know how the economy in one part of the state, and even the economy of neighboring states, affects jobs in the Southern District.

As I write this, I also realize that there are two important unknowns when it comes to jobs in Indiana: One has to do with the GM stamping plant in Indianapolis and whether it will remain open, and the second has to do with Navistar phasing down operations in Ft. Wayne. As an Indianapolis bankruptcy attorney, I know many, many jobs are dependent on the outcomes in these two situations. All the Indiana bankruptcy lawyers who are my colleagues are on the alert for news about these two companies.

The overall employment picture is showing signs of recovery; Indiana added 13,000 private sector jobs in July. Mark Everson of the Indiana Department of Workforce Development reported that Hoosiers make up 2% of the U.S, population, yet we captured 9% of all new jobs in the nation in July. To me, what that says is fewer individuals will need payday loan debt help.

Right now, I can tell by the requests I’m getting for payday loan debt help, student loan debt help, and help with mortgage modifications, that we’re far, far, from being “out of the woods” when it comes to jobs in Indiana. Still, hopeful employment reports like these cheer me because I know these new jobs will make it possible for more people to make a fresh financial start after emerging from bankruptcy in Indiana! 

Similar Posts:

• Indiana Bankruptcy Lawyer Reports on Job Trends in Indiana
• Indiana Lawyer For Bankruptcy Has Yet More News on Jobs
• Add-On to Indiana Bankruptcy Attorney’s Report on Hiring and Layoffs
• Bankruptcy in Indiana Highlights the Terrible, the So-So, and the Better
• Indiana Bankruptcy Lawyer Stays Updated on GM