If you hire a debt settlement attorney to represent you with respect to your debt settlement, you can be assured that your settlement funds are safe. Your attorney will hold your money in what’s known as a “COLTAF” account (referring to the Colorado Lawyers’ Trust Account Foundation), which is an identifiable, interest-bearing, insured depository account. Your attorney is bound by the Colorado Rules of Professional Conduct, so if for any reason your money were to disappear, that attorney would be disbarred – and that’s a risk that no sane attorney would take.