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Should You Attempt Settlement of Debt Yourself?

I like this article because it highlights the results that Do-It-Yourselfers (DIY) usually get when they think they are saving money by not hiring a professional.  All over the internet you can read articles that give advice to help people to do debt settlement on their own like this is some great money saving idea.  Well, it’s not.  In almost every single case, those DIY could have paid a professional and still saved money.  Not to mention time.  Time that they could have used making more money!

Instead, they try to do something they’re not trained to do and they don’t know the law or their legal rights.  They rely on articles on the internet that they have no idea who wrote them or what information is missing from them.  They have no idea whether the information they are giving to their creditors is required or whether it will only make matters worse for them.  So please don’t be penny wise and pound foolish.  Instead, hire an experienced and reputable attorney to represent you.  After all, you wouldn’t dare drill your own teeth if you had a cavity.  What makes you think you can do the same job as an attorney without three years of law school and all the professional experience obtained since graduation?  I envy dentists.

http://gma.yahoo.com/blogs/abc-blogs/elderly-woman-ruins-19th-century-fresco-restoration-attempt-191155838–abc-news-topstories.html?bcmt_s=m#ugccmt-container 

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Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.