SOURCE: National Debt Relief Program

NationalDebtReliefProgram.org

January 10, 2011 20:09 ET

Credit Card Debt Consolidation and Debt Relief Programs Offer Help With Debt

With Credit Card Debt as Big a Problem as Ever, National Debt Relief Program Discusses Options to Get Out of Debt

LOS ANGELES, CA--(Marketwire - January 10, 2011) - Credit card debt consolidation and debt relief programs continue to be one very bright spot during this era of government bailouts and economic uncertainty. While collective personal wealth of Congress has increased during the recession, times are tough in everyday America.

Yet help is available.

Credit card debt consolidation, debt relief programs, debt settlement, and credit counseling offer powerfully effective means to help consumers and small businesses lower debt, consolidate, and establish a road map for getting out of debt on a fast track basis.

Debt consolidation is a debt relief program whereby several debt payments are combined into a single monthly program payment. In some cases, debt consolidation may involve a new loan being taken out to pay off existing loans and debt. In other scenarios, debt payments are combined through a debt management plan in which no loans are needed.

Debt settlement is a debt relief program in which the debt relief provider negotiates on behalf of the consumer or small business in debt with their creditors to settle outstanding unsecured accounts for much less than the original amounts owed. The savings can be significant. Debt settlement has become popular these days as creditors and consumers both benefit from this type of program.

Government debt relief programs are also available for those struggling with such financial issues as their mortgages or federal student loans. Social Security, Medicare, Medicaid, and Food Stamps are entitlement programs which are also available.

Bankruptcy laws also exist to help those who are in debt by liquidating their assets and establishing a payment plan to pay their debts. Consumers should speak with a bankruptcy attorney to learn more about this process.

In the end, credit card debt relief programs abound, and are easier than ever to apply for and qualify. National Debt Relief offers a free debt evaluation which can be taken advantage of at their website:

www.nationaldebtreliefprogram.org

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