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Debt Settlement Pros and Cons: Is It Right For You?

What is debt settlement? How does it work? Will it affect your credit? What are the pros and cons? We spoke to David Shuster of Shuster Law, PLLC. In this interview, he explains that a debt settlement could be a good solution, as long as you watch out for shady companies. David Shuster is a debt relief attorney with Shuster Law, PLLC in the Dallas—Fort Worth area. He says that a quick, private phone call to an attorney can give you eye-opening advice about whether or not debt settlement is your best option.. Contact David directly by calling 888-365-0921. Learn more at his AskTheLawyers.com™ profile: https://bit.ly/2QsbVpf 0:19 - What is debt settlement? 0:37 - What are the pros and cons of debt settlement? 1:00 - How can debt settlement help you save money and get out of debt faster? 1:52 - How does debt settlement affect your credit? 2:22 - What if my creditors don’t want to cooperate with a debt settlement organization? 3:44 - What sort of debt settlement scams should people be aware of? 5:20 - What are common types of debt settlement? 8:06 - How do clients feel about their situation after they see you? 9:33 - What should people know about debt settlement? 10:50 - How can people get control of their debt? Disclaimer: This video is for informational purposes only. In some states, this video may be deemed Attorney Advertising. The choice of lawyer is an important decision that should not be based solely on advertisements.