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Richard Shea
About | Practice Areas
Sawin & Shea LLC
6100 North Keystone Ave. Suite 620 Indianapolis, IN 46220Â» view map
Bankruptcy
Quality, Compassionate Representation

Let us help you relieve stress from debt now.

800-948-4710
1. Richard Shea Indianapolis, IN
  Attorney at Law - IN, 1999
  Indiana University J.D. 1998
2. AboutSawin & Shea LLC
  Over 30 years of bankruptcy service experience.
3. Practice AreasExpertise
  Bankruptcy
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Donald Wayne Mcinnes

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Divorce & Family Law, Collection, Estate, Real Estate, Personal Injury

Don has been exclusively practicing community association law across Indiana for almost a decade. He is a member of Community Associations Institute ... (more)

FREE CONSULTATION

CONTACT

800-903-8920

5224 S. East Street, Indianapolis, IN 46227

Russell L. Jones

Corporate, Collection, Estate Planning, Family Law

Status: In Good Standing

CONTACT

8888 Keystone Crossing Boulvard, Indianapolis, IN 46240

Mark R. Wenzel

Business Organization, Collection, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

One Indiana Square, Indianapolis, IN 46204

C. Daniel Motsinger

Corporate, Collection, Commercial Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

One Indiana Square, Indianapolis, IN 46204

Martha R. Lehman

Collection, Commercial Bankruptcy, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing

CONTACT

One Indiana Square, Indianapolis, IN 46204

Todd D. Small

Child Support, Adoption, Corporate, Collection

Status: In Good Standing

CONTACT

3750 Kentucky Avenue, Indianapolis, IN 46221

Timothy J. O'Connor

Corporate, Banking & Finance, Collection, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

10475 Crosspoint Blvd, Indianapolis, IN 46256

Barbara Jean Cheek

Collection

Status: In Good Standing Licensed: 35 Years

CONTACT

8395 Keystone Crossing, Indianapolis, IN 46240

Nicolette Mendenhall

Business, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

429 N. Pennsylvania Street, Indianapolis, IN 46204

Christopher A. Poling

Colleges & Universities, Commercial Leasing, Commercial Banks, Collection

Status: In Good Standing Licensed: 30 Years

CONTACT

1 American Square, Indianapolis, IN 46282

800-923-0641

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LEGAL TERMS

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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Charlottesville Collection Lawyer, Indiana

Sponsored Law Firm

Sawin & Shea LLC

SPONSORED LAWYERS

Donald Wayne Mcinnes

Russell L. Jones

Mark R. Wenzel

C. Daniel Motsinger

Martha R. Lehman

Todd D. Small

Timothy J. O'Connor

Barbara Jean Cheek

Nicolette Mendenhall

Christopher A. Poling

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LEGAL TERMS

SOLE PROPRIETORSHIP

LIQUIDATING PARTNER

LIMITED LIABILITY

CREDIT COUNSELING

DISCHARGEABLE DEBTS

ACCORD AND SATISFACTION

PRESUMED ABUSE

BANKRUPTCY TRUSTEE

CREDIT BUREAU

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