McCarthy Law’s own Century City lead attorney, Vivian Lum, weighs in on building a debt management plan in this article:
The key to getting out of debt is to get the right kind of help. What kind of help that is will differ for each individual. As a result, you want to make sure that you have a professional, i.e., a licensed attorney in good standing, help review with you your options to determine what in fact works best for you. For many, debt settlement will be the best option to reduce debt, stop the bleeding from high credit card interest rates, and get the person debt free in a short period of time. For others, bankruptcy might be a better option. The point is you don’t know until you speak with a professional who can help you determine what path is right for you.