Indiana

Indiana has been settled since 8000 BC when paleo-Indians first arrived. The rich soil and river systems contributed to its settlement after Europeans arrived. Motor vehicles, pharmaceutical products, optical and medical equipment, and electric machinery form much of the state’s economy. Indiana is ranked #16 for population and #16 for population density.

As of 2018, over 6.6 million people called Indiana home. Indianapolis is the largest city in the Indiana.

Income

The median state income is $52,314. As of 2018, the minimum wage is $7.25 per hour. Unfortunately, 19.1% of Indiana children under 18 live in poverty. For residents overall, 14.1% of all people in Indiana live under the poverty level. p

  • Median state income: $52,314
  • Minimum wage: $7.25/hour
  • Children in poverty: 19.1%
  • People in poverty: 14.1%

Is Indiana a Community Property State?

Indiana is not a community property state or marital property state. Therefore your assets are not seen as equally owned by you and your spouse. Currently, there are only 10 states that are community property states.  In the state of Indiana, the judge will decide which assets are shared by you and your spouse, and what the equity is for each.

There are 10 community property states in which the state sees your assets as community property are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin.

Homeowners

More than half (70%) of Indianans hold a mortgage. The median home price in Indiana is $133,500 (2018). Of course, that median price depends on the location with some areas being much higher.

  • Homeowner rate: 70%
  • Median home price: $133,500

Employment

Indiana has a current unemployment rate of 3.2%. However, the underemployment rate is 8.3%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment

If this is you, we can help. Pacific Debt offers Indiana debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget, and explain your options.

  • Unemployment: 3.2% (2018)
  • Underemployment: 8.3% (2017)

Indiana Debt

Indianans carry a lot of debt. The average credit card debt is $6,958 (2018). The average student loan debt is $29,307. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Indianans to get into debt.

  • Avg credit card debt: $6,958 (2018)
  • Avg mortgage debt: $122,791 (2017)
  • Avg student loan debt: $29,307 (2017)

Indiana Statute of Limitations

Indiana’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

For debts taken out in Indiana, the following are the statutes of limitations for different types of debt.

  • Oral agreements: 6 years
  • Written contracts: 6 years
  • Promissory notes: 6 years
  • Credit cards and other revolving loans: 6 years

Indiana Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top ranked debt relief company located in San Diego.

We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills and repossessions.

It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.

Debt Collection Laws

Indianans are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the Indiana Fair Debt Collection Practices Act (IFDCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.

Overall, debt collectors can NOT:

  • Charges more than 10% interest
  • Garnish more than 25% of wages
  • Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
  • Accusing you of committing a crime for not paying the debt
  • Make/threaten to make defamatory statements to someone else
  • Threaten arrest, to seize assets, or garnish wages, unless actually planning to take such action
  • Use obscene or profane language
  • Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
  • Call you repeatedly or let your phone ring repeatedly
  • Call frequently
  • Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
  • Reveal information about debt to anyone except your spouse or your parents if a minor.
  • Publicly publish your name for failing to pay
  • Send a postcard or letter with revealing information on the envelope
  • Claim to be someone other than a debt collector, including a governmental official
  • Use stationary that appears to be from a law firm
  • Charge you collection or attorney’s fees unless legally allowable
  • Threaten to report you to a credit reporting agency if they have no intention of doing so
  • Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

  • Disclose caller identification
  • May contact your family to locate you
  • Must serve you with notice of a lawsuit if suing you

Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in Indiana.

Persons filing for bankruptcy must:

  • Complete credit counseling within six months before filing for bankruptcy.
  • Complete a financial management instructional course after filing bankruptcy.
  • Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
  • Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
  • Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
  • File for bankruptcy
      • Chapter 7 bankruptcy fee is $306
      • Chapter 13 bankruptcy fee is $281
  • Meet with court assigned bankruptcy trustee
  • Attend a Meeting of Creditors
  • Confirm plan if filing for Chapter 13 bankruptcy

DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.

Indiana Better Business Bureau

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.

Indiana Debt Relief Reviews

by Dee S.
I am currently in the first stage of…
I am currently in the first stage of the program and so far it has been a great experience. Everyone I have talked to has been very professional and empathetic to our situation. I can only hope that the rest of this process goes as well and I can be free of debt with no regrets.
by Customer
I have had a great experience so far
I have had a great experience so far. I would recommend this company to help take control of your finances.
by Rich H
New Begining
If you are thinking there is no end insight and seeing half of your monthly payments going in their bank while the only means for daily needs is another swipe digging the hole deeper. Do yourself a favor do your homework than call Pacific Debt. and listen to your wayout. They work with you so you can see an end and in good time so you realize the sooner you start you can count down to the new begining.

Indiana Areas Served by Pacific Debt

Advance
Akron
Alamo
Albany
Albion
Alexandria
Alfordsville
Alton
Altona
Ambia
Amboy
Amo
Anderson
Andrews
Angola
Arcadia
Argos
Ashley
Atlanta
Attica
Auburn
Aurora
Austin
Avilla
Avon
Bainbridge
Bargersville
Bass Lake
Batesville
Battle Ground
Bedford
Beech Grove
Berne
Bethany
Beverly Shores
Bicknell
Birdseye
Bloomfield
Bloomingdale
Bloomington
Blountsville
Bluffton
Boonville
Borden
Boston
Boswell
Bourbon
Brazil
Bremen
Bright
Bristol
Brook
Brooklyn
Brooksburg
Brookston
Brookville
Brownsburg
Brownstown
Bruceville
Bryant
Buffalo
Bunker Hill
Burket
Burlington
Burnettsville
Burns Harbor
Butler
Cadiz
Cambridge City
Camden
Campbellsburg
Cannelburg
Cannelton
Carbon
Carlisle
Carmel
Carthage
Cayuga
Cedar Grove
Cedar Lake
Center Point
Centerville
Chalmers
Chandler
Charlestown
Chesterfield
Chesterton
Chrisney
Churubusco
Cicero
Clarks Hill
Clarksville
Clay City
Claypool
Clayton
Clear Lake
Clermont
Clifford
Clinton
Cloverdale
Coatesville
Colfax
Collegeville
Columbia City
Columbus
Connersville
Converse
Corunna
Corydon
Country Club Heights
Covington
Crandall
Crane
Crawfordsville
Cromwell
Crothersville
Crown Point
Crows Nest
Culver
Cumberland
Cynthiana
Dale
Daleville
Dana
Danville
Darlington
Darmstadt
Dayton
Decatur
Decker
Delphi
De Motte
Denver
Dillsboro
Dublin
Dugger
Dune Acres
Dunkirk
Dunlap
Dunreith
Dupont
Dyer
Earl Park
East Chicago
East Germantown
Eaton
Economy
Edgewood
Edinburgh
Edwardsport
Elberfeld
Elizabeth
Elizabethtown
Elkhart
Ellettsville
Elnora
Elwood
English
Etna Green
Evansville
Fairland
Fairmount
Fairview Park
Farmersburg
Farmland
Ferdinand
Fillmore
Fishers
Flora
Fort Branch
Fortville
Fort Wayne
Fountain City
Fowler
Fowlerton
Francesville
Francisco
Frankfort
Franklin
Frankton
Fredericksburg
Fremont
French Lick
Fulton
Galena
Galveston
Garrett
Gary
Gas City
Gaston
Geneva
Gentryville
Georgetown
Georgetown
Glenwood
Goodland
Goshen
Gosport
Grabill
Grandview
Granger
Greencastle
Greendale
Greenfield
Greensboro
Greensburg
Greens Fork
Greentown
Greenville
Greenwood
Griffin
Griffith
Grissom AFB
Gulivoire Park
Hagerstown
Hamilton
Hamlet
Hammond
Hanover
Hardinsburg
Harmony
Hartford City
Hartsville
Haubstadt
Hazleton
Hebron
Henryville
Hidden Valley
Highland
Highland
Hillsboro
Hobart
Holland
Holton
Homecroft
Hope
Hudson
Huntertown
Huntingburg
Huntington
Hymera
Indianapolis city (balance)
Indian Heights
Indian Village
Ingalls
Jamestown
Jasonville
Jasper
Jeffersonville
Jonesboro
Jonesville
Kempton
Kendallville
Kennard
Kentland
Kewanna
Kingman
Kingsbury
Kingsford Heights
Kirklin
Knightstown
Knightsville
Knox
Kokomo
Koontz Lake
Kouts
Laconia
La Crosse
Ladoga
Lafayette
La Fontaine
Lagrange
Lagro
Lake Dalecarlia
Lakes of the Four Seasons
Lake Station
Lake Village
Lakeville
Lanesville
La Paz
Lapel
La Porte
Larwill
Laurel
Lawrence
Lawrenceburg
Leavenworth
Lebanon
Leesburg
Leo-Cedarville
Lewisville
Liberty
Ligonier
Linden
Linton
Little York
Livonia
Lizton
Logansport
Long Beach
Loogootee
Losantville
Lowell
Lynn
Lynnville
Lyons
McCordsville
Mackey
Macy
Madison
Marengo
Marion
Markle
Markleville
Marshall
Martinsville
Matthews
Mauckport
Mecca
Medaryville
Medora
Mellott
Melody Hill
Memphis
Mentone
Meridian Hills
Merom
Merrillville
Mexico
Michiana Shores
Michigan City
Michigantown
Middlebury
Middletown
Milan
Milford town (Decatur County)
Milford town (Kosciusko County)
Millersburg
Millhousen
Milltown
Milton
Mishawaka
Mitchell
Modoc
Monon
Monroe
Monroe City
Monroeville
Monrovia
Monterey
Montezuma
Montgomery
Monticello
Montpelier
Mooreland
Moores Hill
Mooresville
Morgantown
Morocco
Morristown
Mount Auburn
Mount Ayr
Mount Carmel
Mount Etna
Mount Summit
Mount Vernon
Mulberry
Muncie
Munster
Napoleon
Nappanee
Nashville
New Albany
New Amsterdam
Newberry
Newburgh
New Carlisle
New Castle
New Chicago
New Harmony
New Haven
New Market
New Middletown
New Palestine
New Paris
New Pekin
Newpoint
Newport
New Richmond
New Ross
Newtown
New Washington
New Whiteland
Noblesville
North Crows Nest
North Judson
North Liberty
North Manchester
North Salem
North Terre Haute
North Vernon
North Webster
Norway
Oakland City
Oak Park
Oaktown
Odon
Ogden Dunes
Oldenburg
Onward
Oolitic
Orestes
Orland
Orleans
Osceola
Osgood
Ossian
Otterbein
Owensville
Oxford
Palmyra
Paoli
Paragon
Parker City
Patoka
Patriot
Pendleton
Pennville
Perrysville
Peru
Petersburg
Pierceton
Pine Village
Pittsboro
Plainfield
Plainville
Plymouth
Poneto
Portage
Porter
Portland
Poseyville
Pottawattamie Park
Princes Lakes
Princeton
Redkey
Remington
Rensselaer
Reynolds
Richmond
Ridgeville
Riley
Rising Sun
River Forest
Roachdale
Roann
Roanoke
Rochester
Rockport
Rockville
Rocky Ripple
Rome City
Rosedale
Roseland
Roselawn
Rossville
Royal Center
Rushville
Russellville
Russiaville
St. Joe
St. John
St. Leon
St. Paul
Salamonia
Salem
Saltillo
Sandborn
San Pierre
Santa Claus
Saratoga
Schererville
Schneider
Scottsburg
Seelyville
Sellersburg
Selma
Seymour
Shadeland
Shamrock Lakes
Sharpsville
Shelburn
Shelbyville
Sheridan
Shipshewana
Shirley
Shoals
Sidney
Silver Lake
Simonton Lake
Somerville
South Bend
South Haven
Southport
South Whitley
Speedway
Spencer
Spiceland
Spring Grove
Spring Hill
Spring Lake
Springport
Spurgeon
Star City
State Line City
Staunton
Stilesville
Stinesville
Straughn
Sullivan
Sulphur Springs
Summitville
Sunman
Swayzee
Sweetser
Switz City
Syracuse
Taylorsville
Tell City
Tennyson
Terre Haute
Thorntown
Tipton
Topeka
Town of Pines
Trafalgar
Trail Creek
Tri-Lakes
Troy
Ulen
Union City
Uniondale
Universal
Upland
Utica
Valparaiso
Van Buren
Veedersburg
Vera Cruz
Vernon
Versailles
Vevay
Vincennes
Wabash
Wakarusa
Walkerton
Wallace
Walton
Wanatah
Warren
Warren Park
Warsaw
Washington
Waterloo
Waveland
Waynetown
West Baden Springs
West College Corner
Westfield
West Harrison
West Lafayette
West Lebanon
Westport
West Terre Haute
Westville
Wheatfield
Wheatland
Whiteland
Whitestown
Whitewater
Whiting
Wilkinson
Williams Creek
Williamsport
Winamac
Winchester
Windfall City
Winfield
Wingate
Winona Lake
Winslow
Wolcott
Wolcottville
Woodburn
Woodlawn Heights
Worthington
Wynnedale
Yeoman
Yorktown
Zanesville
Zionsville

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