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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

✓ VERIFIED

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

Todd D. Small

Child Support, Adoption, Corporate, Collection

Status: In Good Standing

CONTACT

3750 Kentucky Avenue, Indianapolis, IN 46221

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

Russell L. Jones

Corporate, Collection, Estate Planning, Family Law

Status: In Good Standing

CONTACT

8888 Keystone Crossing Boulvard, Indianapolis, IN 46240

Jeremy Patrick Gooch

Criminal, DUI-DWI, Family Law, Collection

Status: In Good Standing Licensed: 23 Years

CONTACT

56 West Main Street, Danville, IN 46122

John Thomas Steinkamp

Divorce & Family Law, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 27 Years

CONTACT

5214 S. East Street, Indianapolis, IN 46227

Christopher A. Poling

Colleges & Universities, Commercial Leasing, Commercial Banks, Collection

Status: In Good Standing Licensed: 30 Years

CONTACT

1 American Square, Indianapolis, IN 46282

Michael Head

Insurance, Collection, Bankruptcy, Business

Status: In Good Standing

CONTACT

1 North Pennsylvania Street, Indianapolis, IN 46204

800-923-0641

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LEGAL TERMS

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

COLLATERAL

Property that guarantees payment of a secured debt.

LIQUIDATING PARTNER

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

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Paragon Collection Lawyer, Indiana

Sponsored Law Firm

Sawin & Shea LLC

SPONSORED LAWYERS

Donald Wayne Mcinnes

Todd D. Small

Mark R. Wenzel

C. Daniel Motsinger

Martha R. Lehman

Russell L. Jones

Jeremy Patrick Gooch

John Thomas Steinkamp

Christopher A. Poling

Michael Head

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LEGAL TERMS

DEFINED CONTRIBUTION PLAN

SOLE PROPRIETORSHIP

IRS EXPENSES

WINDING UP

DISPOSABLE INCOME

COLLATERAL

LIQUIDATING PARTNER

REPOSSESSION

LIABILITY

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