Problems with debt are a reality for more and more people these days. The easy availability of credit has made it all too easy to slip further and further into debt in a relatively short period of time. As a result, bankruptcy filings have reached record numbers in recent years, as more and more people are forced to seek legal help in dealing with their financial problems.

Financial problems can be deeply disturbing and extremely stressful. You should not feel alone or embarrassed about considering bankruptcy. It is only natural that you would prefer to pay your bills, but bankruptcy may be your best option if you are not able to pay all of your debt. When you're filing for bankruptcy, it is critical to understand your legal rights, and in the wake of new, increasingly complex bankruptcy laws, it is more important than ever to seek the advice of an experienced bankruptcy attorney.

For 13 years, Texas bankruptcy attorney Michael S. Mitchell has provided superior, cost-efficient and value-oriented legal services in a compassionate and respectful manner to clients in Plano and the surrounding areas. He is experienced in assessing and offering realistic options to help you deal with your growing financial difficulties. Whether you feel that you are drowning in debt, or even if you simply have a feeling of unease about your ability to continue to meet your debt obligations, he will assist you in choosing the financial course of action that is best for you, in the following areas:

• Debtor and Creditor Law
• New Bankruptcy Laws
• Chapter 7 Bankruptcy
• Chapter 13 Bankruptcy
• Debt Consolidation

Should you file for bankruptcy?
Contrary to what some firms would lead you to believe, this is not always an easy question to answer. The answer to this question involves analyzing not only your debts, but your income level, your assets, and your options.

Plano, Texas bankruptcy attorney Michael Mitchell has the expertise to help you review all the options that may be available to you before making a decision to file a bankruptcy petition. Such options include, but are not limited to, the following: consolidation loans, home equity loans, reverse mortgages, non-bankruptcy debt consolidation plans, refinancing of loan obligations, and sale of assets.

If you or someone you know in Plano or throughout Texas needs the advice of an experienced bankruptcy and debt consolidation attorney, call Michael S. Mitchell today at 866-740-1998, or complete the form on this site to schedule your free consultation.