Struggling With Debt?
Relief could be closer than you think. Learn about options that could help lower what you owe, stop collection calls, and simplify your payments.
Top Trusted Debt Relief Providers
National Debt Relief
Helps users resolve $10,000+ in unsecured debt with a 2-4 year settlement timeline.
Freedom Debt Relief
Offers affordable payment plans for credit card and medical debt starting from $10,000.
Accredited Debt Relief
Helps reduce monthly debt burden with tailored solutions for those owing $20,000+.
Turbo Debt
Focuses on fast debt resolution with online-first services for those with $10,000+ in unsecured debt.
Some companies featured on this page may compensate us if you choose to interact with them. This doesn't impact our evaluations, which are based on independent research and user feedback.
👉 Debt Calculator: See Your Options
Find Peace in Your Financial Journey
Taking the first step toward financial freedom begins with understanding your options. With the right mindset and plan, you can find peace even as you work through debt challenges.
What Is Debt Relief & How Does It Work?
Debt relief refers to strategies and services that help reduce or restructure the debt you owe. These can include debt settlement, consolidation, credit counseling, and bankruptcy. The right approach depends on your debt type, income, and long-term goals.
- 1
Assess your debt and financial goals
- 2
Explore options like settlement, consolidation, or credit counseling
- 3
Work with a provider to create a custom plan
Debt relief options help you adjust or eliminate debt so you can manage repayments better. Common types include debt settlement, debt management plans, and bankruptcy filings. You may qualify if your unsecured debt equals more than half of your annual income.
Debt relief could involve negotiating with creditors to settle debts for less than what's owed, eliminating debt through bankruptcy, or using a debt management plan to restructure interest rates or payment schedules.
What Types of Debt Qualify for Relief?
Debt relief programs aren't one-size-fits-all. Here's a quick breakdown of what kinds of debt are typically accepted and which are not:
✅ Acceptable Debt
- ✓Credit Cards
- ✓Unsecured Personal Loans
- ✓Unsecured Business Debt
- ✓Business Credit Cards
- ✓Private Student Loans
- ✓Student Tuition
- ✓Payday Loans
- ✓Debt in Collections
- ✓Medical Debt
- ✓Discover Debt
- ✓Legal Accounts
- ✓Merchant Cash Advances
- ✓Back Rent/Unpaid Rent
- ✓Cell phone provider
- ✓Insurance debt in collections
- ✓Utility bills in collections
- ✓Attorney invoices
- ✓Time Shares
🚫 Unacceptable Debt
- ✗Vehicle Loans (if in possession)
- ✗Secured Debt (i.e. tied to Vehicle, RV, Home, Boat...)
- ✗Secured Business Debt (i.e. tied to Business)
- ✗Taxes
- ✗Mortgages (even if in foreclosure)
- ✗Federal Student Loans
- ✗Agriculture Loans
- ✗Title Loans
- ✗Bounced Check
- ✗Surety Bonds
- ✗Casino/Gambling Debt
- ✗Child Support
- ✗Public Ambulance
- ✗Fire Transportation Services
- ✗Traffic/Parking Tickets
Don't Face Debt Struggles Alone
Many people silently struggle with debt stress, but you don't have to face financial challenges by yourself. Professional debt relief services can provide guidance and support when you need it most.
When Should You Seek Debt Relief?
- 1
You're unable to repay unsecured debt within five years even with spending cuts.
- 2
Your total unsecured debt equals half or more of your gross income.
Other Debt Relief Strategies
Creditor Hardship Programs
Creditors may offer hardship programs directly. If you have strong credit, balance transfer cards or debt consolidation loans might help. These let you avoid damage to your credit and can speed up repayment.
Debt Management Plans
These allow full repayment over time with lower interest. Credit counselors distribute your monthly payment to creditors. You'll likely need to close credit cards, but your score may recover after program completion.
Bankruptcy
Chapter 7 clears most unsecured debts in a few months but harms credit for up to 10 years. Co-signers remain liable unless they also file. Chapter 13 involves a 3-5 year payment plan and lets you keep assets like your home. Discharged debt is forgiven if all payments are completed.
Debt Settlement Risks
This risky last resort involves stopping payments and negotiating lump-sum reductions. Creditors may settle, but it opens you to lawsuits, tax bills on forgiven debt, and scams. Always review fees and company reputation first.
Break Free from Debt Chains
Financial freedom is possible with the right approach. Taking deliberate steps to address your debt can help you cut ties with financial burdens and build a more secure future.
Debt Relief Options to Avoid
- ⚠️Don't skip car payments to cover credit card debt—you could lose your vehicle.
- ⚠️Avoid borrowing against home equity unless absolutely necessary.
- ⚠️Be cautious when using 401(k) or IRA funds—they may trigger penalties.
- ⚠️Don't choose an option solely based on pressure from debt collectors.
Real Success Stories
Real people who found relief from overwhelming debt through National Debt Relief's services.
David N.
Tampa, FL
"I was drowning in credit card debt. Within months, I saw balances shrink. The calls stopped, and I could finally breathe again."
Saved $13,429
Erica H.
Sacramento, CA
"This program helped me avoid bankruptcy and gave me a path to rebuilding my financial life. It's the best decision I've made in years."
Saved $9,702
Need More Help?
If you're searching for debt relief programs in NJ or any other state, comparing debt relief companies, or understanding the difference between debt relief vs debt consolidation, we have the guides to help you move forward. We also highlight debt relief for veterans, explore debt relief grants, and explain how to navigate different providers safely.
Frequently Asked Questions
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Los Angeles
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Affiliate Disclaimer
Affiliate Disclaimer: Debt Relief Karma is a participant in various affiliate marketing programs, which means we may receive commissions for purchases made through our links to third-party websites. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear. However, our editorial content, including the advice we provide and the information we share, is not influenced by these commissions. We strive to provide accurate and up-to-date information, but we cannot guarantee the accuracy or completeness of any information provided on this site. Please note that Debt Relief Karma does not provide debt relief services directly. Instead, we refer individuals to third-party service providers who specialize in debt relief. We may receive a commission for these referrals, but this does not affect the cost of any services you may receive. It is important to conduct your own research and due diligence before engaging with any service provider. We recommend reading reviews, checking credentials, and understanding the terms and conditions of any debt relief program before making a decision. By using our website, you acknowledge and agree that Debt Relief Karma is not responsible for any actions or outcomes resulting from your engagement with third-party service providers. We encourage you to seek professional advice if you have any concerns or questions about your financial situation. Your use of this site constitutes your acceptance of this disclaimer and our terms and conditions.