It's not unusual for individuals facing a financial crisis to use bankruptcy as a last resort after exhausting all other avenues to settle their debts. Credit counseling, budgeting, lifestyle modification and debt consolidation are all approaches that may help you to avoid bankruptcy. For some individuals, contemplating using the services of a Plano bankruptcy lawyer is the only alternative to get out from under their overwhelming debt and make a fresh start. If you are considering filing for personal bankruptcy, make sure you find a Plano bankruptcy lawyer that specializes in personal bankruptcy. Make sure that the lawyer that you choose is a reputable lawyer that cares about people and will take the time to listen to you and your questions. When the time comes to deal with creditors, you will need a lawyer that you can trust and rely on. A Plano bankruptcy lawyer is there to assist you and address your needs in your personal bankruptcy case. When you make the final decision to file personal bankruptcy, you and your Plano bankruptcy lawyer will decide which type is best for you based on your individual circumstances. In a Chapter 7 personal bankruptcy, your assets are sold and the cash is used to pay your debt. Some assets are protected, but many will be liquidated. Chapter 13 personal bankruptcy was created for someone who has a home or car they wish to keep. A payment plan is arranged that allows the filer to retain those assets. Personal bankruptcy represents a fresh beginning and the opportunity to achieve financial recovery. Once your personal bankruptcy petition has been filed, you will find life to be much more pleasant and worry free. The harassing phone calls from creditors will stop and you will feel like the weight of the world has been removed from your shoulders.