Mitchell & Larsen PC

12/02/2025

Don’t put off what can be fixed now

Researchers have found that, on average, people wait 22 months after receiving their first 90-day past due notice before filing bankruptcy. What that means for most people, is that as they delay, they just dig themselves a deeper hole. Much of this debt can be what is termed “shadow debt” or debt that might not appear on your credit report. These could be things like late rent, unpaid utilities or medical bills. A recent study found that the cost of this delay is around $4,000 per month. In other words, people racked up an additional $4,000 in unsecured debt, on average, for every month they delayed filing.

While the research assigns a financial cost to delay, it is hard to put a price on the emotional price caused by this delay. Financial stress causes significant damage to a person’s mental health and relationships. Letting your poor financial condition linger for an additional, unnecessary 22 months, puts your and your family’s mental health at risk. When asked, most people who file for bankruptcy protection indicate that they wish they had started the process sooner.

10/17/2025

Feeling overwhelmed by debt? You’re not alone, and there is a way forward. Bankruptcy isn’t the end; it’s a fresh start. It can stop the constant calls from creditors, wipe out many debts, and give you the space to rebuild your finances with confidence. Think of it as hitting the reset button, a chance to breathe, plan, and move toward a brighter financial future. Don’t be afraid to take back control, sometimes starting over is the best way to move ahead.

05/21/2025

While filing for bankruptcy will get rid of most debt, it does not discharge all debts. Certain debts, like some types of taxes, criminal fines, child support, and student loans, are not dischargeable through bankruptcy. However, bankruptcy can still give you the ability to get control over your finances and allow you to create a plan to pay those debts that may not be discharged through bankruptcy. Give us a call at 256-970-4217 to schedule your free consultation today.

05/14/2025

05/07/2025

Most of the time, when we sit down with a client, her first question is, “Will I lose my house, car, etc.”. In a Chapter 13 and a Chapter 7 case, the bankruptcy code provides certain protections and exemptions for personal property. If your personal property’s value exceeds the provided exemptions, there are still ways to protect that property, and our firm works tirelessly to provide debtors with the protections they seek. At Mitchell & Larsen, we work to alleviate stress related to debt and creditors’ collection efforts. Please call us at 256-970-4217 to schedule a free consultation

05/05/2025

With over 25 years of experience in consumer bankruptcy Melissa Mitchell is ready to answer all your questions. She works in both the Huntsville and Decatur offices and would love the opportunity to sit down with you for your free consultation. Call us to schedule your free consultation at 256-970-4217

09/26/2022

DID YOU KNOW? For bankruptcy, you may only have one required phone meeting and no court appearance. Bankruptcy attorney Melissa Mitchell (c) Melissa Wimberley Law PC was the guest on Sunday’s WAAY 31 LawCall joining personal injury attorney Will League (r) of Timberlake & League, P.C. and family law attorney Sharon Doviet (l).

11/10/2021

Do I have to go to court and see a judge when I file bankruptcy?

Usually not. Most individuals who file for bankruptcy never actually see a judge. There is a meeting you are required to attend called your “Meeting of Creditors” this is held with your Trustee. Most hearings before the judge are handled by your attorney.

11/09/2021

Bankruptcy FAQ: Will I lose my house?

No. A long as you can make your go forward payments on your mortgage, you should be fine.

11/04/2021

Bankruptcy FAQ: What if my car has equity in it? Will I Lose my car?

When you file for bankruptcy, you have certain property exemptions. These protect items like your car, bank accounts, electronics and other personal property.

11/01/2021

Bankruptcy FAQ: Does everyone qualify for a chapter 7 bankruptcy?

Not everyone can qualify for a chapter 7 bankruptcy. Qualification primarily depends on your income.