Newsflash: Bankruptcy Lawyers Say Debt Settlement is a “Trap to be Avoided”

But only “For Most.” How very magnanimous of them. But one needn’t look far into the article to identify Craig Andresen’s — Attorney at Law — inherent and absolute bias.

In the past several years, there has been dramatic growth in the visibility of so-called debt settlement agencies. These are firms which advertise their supposed ability to “cut your credit card payments in half,” or promise they can “settle” your debt for only a small portion of what you owe — without filing bankruptcy.

We’ve got “so called;” there’s a “supposed ability;” and how could we leave out the very scary “’settle.’” Well, Mr. Andresen, check for yourself. We actually publish our weekly and monthly settlement stats — even the “worst” settlement, which even you oughtn’t find all that scary, Mr. Andresen. What? Do you wrongly suppose that the concept of settling disagreements, disputes, or breaches of written or verbal contracts arose only after thousands of years of human interaction, only to be bestowed upon us lucky ones by the legal profession? Real people can’t arrive at settlements without a lawyer (or two or three…) in-between them, drafts upon drafts of legal documents; file endorsed to boot?

Well, I think that what Mr. Andresen really means by “For Most” is “None;” and “Never.”

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