7 Reasons why you should chose a lawyer instead of a regular debt settlement company to settle your debts.
By Shah Peerally, Attorney at Law
With the downturn in the economy, many people are unable to pay their debts. One good option is to look into a bankruptcy. However, for many reasons some people will not be ready to pick the option of a bankruptcy for personal reasons. The other reason many will not opt for bankruptcy is that they clearly do not qualify for it. This does not mean that these people do not want to get rid of their unsecured debts. Financial companies are usually keen to settle the debts provided you can effectively negotiate the settlement especially in times of hardship. To this end, many companies are offering the option of a debt management or debt settlement. While there are many genuine companies dealing in debt management , debt consolidation or debt settlements, others are simply taking advantage of already hurt consumers. Our law firm has made it a duty to help the people who are hurt with debts but who are not willing or are not able to file bankruptcy. We have tried to compile in this guide at least 7 (seven)reasons why an attorney negotiation is better than just using a regular debt relief company: