America's Trusted Name in Debt Relief
How much could debt relief save you?
Get your free Debt Relief Savings Estimate today.
See if you qualify to...
Lower Your Monthly Payments
Pay off Credit Card Debts Faster
Reduce Your Interest Rates
Settle Your Credit Cards for Less
Also see...
Your Total Estimated Savings
Your Estimated Monthly Savings
How quickly you can resolve debt
BBB Accredited
Powered by Envoy
Just answer a few
simple questions online
What types of debt do you have?
How much credit card debt do you have?
Slide to set your approximate debt amount
Your debt relief savings estimate is free with no obligation.
$30,000 debt help requested
32 minutes ago in Riverside, CA
$7,500 debt help requested
1 hour ago in Stockton, CA
$10,000 debt help requested
1 hour ago in Los Angeles, CA
$25,000 debt help requested
2 hours ago in Bakersfield, CA
$75,000 debt help requested
2 hours ago in Alhambra, CA
$10,000 debt help requested
2 hours ago in Bakersfield, CA
$16,000 debt help requested
2 hours ago in Banning, CA
$20,000 debt help requested
2 hours ago in Fresno, CA
$31,500 debt help requested
2 hours ago in Mentone, CA
$24,500 debt help requested
2 hours ago in Downey, CA
Learn more in our FAQ  |  What happens after you submit this info

Does the Government Provide Credit Card Debt Relief?

While President Obama has played the role of a consumer debt advocate by pushing for credit card reform and new credit card regulations, there is no government program of credit card debt relief for consumers.

For those who feel that government aid for credit card debt or government debt relief programs are readily available, the fact that no programs are available can be disconcerting. However, there is some good news for those who are in need of relief from credit cards and other debts.

Get a Free Debt Relief Savings Estimate
Debt Amount
Slide handle to set approximate debt amount.
Less debt
More debt

What Form of Debt Relief is Available for Consumers?

When credit cards and other unsecured debts become a problem for consumers, debt relief is available. It's not the government that provides this relief, but debt relief programs offered by credit card companies and other creditors who would rather collect a portion of what is owed than possibly nothing at all if a consumer were to declare straight bankruptcy.

Explore your debt relief options. Request a free debt relief estimate and savings analysis, at no obligation to you.

Debt Management

If you are in debt and in need of relief, debt management programs offered through credit counseling agencies may be able to help you reduce interest rates, lower your payments, and save money. This can not only remove financial stress from your life, but save you a substantial amount of money as well.

Debt Settlement or Forgiveness

Another form of debt relief is known as debt settlement or debt forgiveness. Through debt settlement, also known as debt mediation, credit card companies - depending on your financial situation - may agree to settle your debts or forgive a substantial amount of of your credit card debt.

Regardless of the debt option you choose, it is important to know how debt relief could affect your credit, as well as the legal and tax implications of the debt solution you are considering.

Understanding Your Options

Finally, before enrolling in any debt relief program, make sure you clearly understand the fees involved as well as the actual projected time that will be required to help you reduce or settle debts, and how much money you are projected to save.

Please understand that debt relief will not make your debts magically go away, but with some discipline and a plan of action, you don't have to be victimized by debt for life.

Take control of your debts and take control of your life. To see how much debt relief could save you, request your free debt relief analysis and savings estimate. Start by answering a few simple questions.

Start now >>

All About Your Debt Relief Options

Debt consolidation is a debt relief option allowing individuals to combine or "consolidate" multiple higher-interest credit card, or other unsecured debts (such as medical bills, store or gas cards) into a single, more affordable payment each month. Typically, debt consolidation programs are coordinated by debt counselors who customize a "debt management plan" providing consumers with a proven and predictable path to get out of debt.


  • Provides proven, predictable program to become debt free
  • Saves money, reduces interest, waives late fees/penalties
  • Allows you to pay off debts at a pace that fits your budget
  • Manages multiple debts via single more affordable payment
  • Puts you back in control of finances to help reduce stress


  • Requires discipline to make single monthly payment
  • If you default, you revert to original creditor agreement
  • Creditors not required to accept debt relief proposals
  • Often takes 3-5 years, or more, to become debt free
  • While not necessarily harmful to your credit score, will be "noted" on your report

Summary: What to Expect

If you have multiple credit cards and other unsecured debts like medical bills, doctor bills, store cards, unsecured personal loans, and more – a debt consolidation program coordinated through a debt counselor may be the ideal debt relief option to help you live within a set budget, reduce debts, and get on a path to become debt-free.

How do debt consolidation programs, or debt management plans work?

Typically, debt consolidation programs are coordinated by debt relief specialists, or debt counselors, who conduct brief interviews with you to get details on your credit cards and other debts, as well as how much you can realistically afford to pay each month to get out of debt.

Based on this information, your debt specialist will then customize a "debt management plan" for you. Once you approve the plan, letters will be sent on your behalf to each of your creditors requesting the benefits of debt relief – such as lower interest rates, a waiving of late fees and penalties, and generally more favorable repayment terms. Those creditors who accept the proposals are then added to the debt consolidation or debt management program. For those that do not accept debt relief proposals, you are still obligated to live up to the original terms of your cardholder agreement.

It's important to understand that, just as no two debt situations are exactly alike, no single debt solution is right for everyone. Your debt specialist can provide more details regarding debt consolidation or debt management as part of your free debt relief analysis and savings estimate.

Debt settlement is a debt relief option that has become increasingly popular among people who need relief from high-balance credit cards (typically $20,000 to $125,000 or more). Through debt settlement, debt specialists negotiate with creditors on your behalf – with the goal of "settling" your credit card debt for substantially less than you currently owe.


  • By settling debt, you can save a substantial amount of money
  • Can help you settle credit cards in as little as 12-36 months
  • Allows you to make low monthly payments you can afford
  • Settles debt and provides alternative to bankruptcy
  • While negative to credit, not as severe or long-lasting as bankruptcy
  • Unless "attorney-based" fees only paid after successful settlement


  • Typically only benefits those with high-balance credit cards
  • Amount of money saved through debt settlement subject to taxes
  • Requires discipline to "set aside" money for successful settlement
  • Creditors may threaten, or take, legal action to collect debt
  • Negative impact on credit due to default on credit agreements
  • Creditors may not agree to accept your debt settlement offer

Summary: What to Expect

If you have one or more high-balance credit cards and are going through financial hardship – credit card companies may agree to "settle" your credit card debt for substantially less than you currently owe.

How does debt settlement work? A debt relief specialist will review your current credit card debts and the amount of money you can afford to set aside each month to accumulate a "settlement fund". Debt specialists will then negotiate with credit card companies on your behalf with the goal of settling debt for substantially less than you currently owe.

How much debt settlement could potentially save depends largely on the amount of credit card debt involved, your current financial circumstances – and the settlement policies of credit card companies.

It's important to understand that, just as no two debt situations are exactly alike, no single debt solution is right for everyone. Your debt specialist can provide more details regarding debt settlement or debt negotiation as part of your free debt relief analysis and savings estimate.

There are many well-respected self-help credit and debt experts who provide a wealth of valuable advice on the wise use of credit and how to become debt free – experts such as Dave Ramsey, Suzie Orman, Clark Howard, and many others. But regardless of the system you follow – the first step in a successful do-it-yourself debt relief program is to do everything possible to live within your means – avoiding unnecessary "impulse" purchases that cause debts to spiral out-of-control. By creating and maintaining a realistic budget, you will avoid taking on additional debt.

In addition, you can take steps on your own to reduce existing debt by contacting creditors directly to request more favorable interest rates or terms, or offer to settle debt for less than the full amount owed.

The bottom line: If you have high-interest credit cards and other debts and are struggling to make ends meet – you are in need of debt relief. Whether you take advantage of a debt relief program such as debt consolidation or debt settlement, or commit yourself to take control of your finances and negotiate with creditors on your own – take positive steps today to get on the path to become debt-free.

7 Important Debt Relief Tips

  1. Create a realistic spending plan – a personal or family budget
  2. Set aside money each month to pay down your existing debt
  3. Stick with your plan. Avoid unnecessary "impulse" purchases
  4. Contact your creditors requesting lower interest rates or to settle debt
  5. Pay down debts one-by-one, starting with highest-interest debt
  6. Don't use credit cards! Use a debit card to stay on track
  7. Avoid taking out additional loans that add to your debt load

Bankruptcy is generally considered to be the debt relief option of last resort. There are several types of bankruptcy: Chapter 7 (straight bankruptcy or liquidation), Chapter 13 (reorganization of debts), and Chapter 11 (debt reorganization normally used by a business or partnership). While a successful bankruptcy can provide a fresh financial start – individuals or businesses should carefully consider bankruptcy before proceeding because of its long-term financial implications.


  • Debtors given a fresh start – a new financial lease on life
  • Upon filing Chapter 7 or 13, collection efforts must stop
  • Debts discharged. Creditors forgive most unsecured debts
  • Your home, auto, and other essentials may be protected
  • Wages you earn after bankruptcy go to you, not creditors
  • From bankruptcy filing to relief takes about 3-6 months


  • Bankruptcy stays on your credit report up to 10 years
  • Makes it difficult to obtain credit for home, auto, and more
  • Requires forfeiture of your existing credit cards
  • You lose property not exempt from sale by trustee
  • Doesn't discharge student loans, tax debt, alimony
  • Debt option of last resort that can be embarrassing


While bankruptcy is a debt relief option that has been able to provide a fresh start for many individuals, families, and businesses – it is a serious decision that should be carefully considered with the assistance of a financial advisor or attorney who can help determine if bankruptcy is the proper course of action.

Prior to 2005, those filing bankruptcy could choose the type of bankruptcy they preferred – and most elected to file Chapter 7 straight bankruptcy (liquidation) over Chapter 13 (structured repayment). However, rules enacted in 2005 now requires those filing Chapter 7 to pass a "means test" – to qualify, they must earn equal to or less than the average monthly income for a family of their size in their state.

In addition, before you can file for Chapter 7 or Chapter 13 bankruptcy, you are now required to complete credit counseling with an agency that has been approved by the United States Trustee's office.

While bankruptcy plays a vital role to help rescue individuals and businesses, it is important to recognize that it's not the only debt relief option. A debt specialist can provide more details on debt relief alternatives to bankruptcy as part of your free debt relief analysis and savings estimate.

Live Debt Relief Activity

  • $20,000 Savings Estimate requested 1 minute ago in North Vernon, IN
  • $98,000 Savings Estimate requested 3 minutes ago in Barto, PA
  • $34,000 Savings Estimate requested 6 minutes ago in Bolivar, MO
  • $35,000 Savings Estimate requested 10 minutes ago in Victoria, TX
  • $125,000 Savings Estimate requested 11 minutes ago in Goldsboro, NC
  • $15,000 Savings Estimate requested 13 minutes ago in Fort Worth, TX
  • $10,500 Savings Estimate requested 12 minutes ago in Laurel, MS
  • $7,500 Savings Estimate requested 15 minutes ago in Cleburne, TX
Caring debt relief specialists helping people just like you.
Speak with a specialist today
at 1-866-584-0769
DebtReliefCenter.orgFind us on:FacebookYouTube