Debt Relief: Options for Managing and Reducing Debt Burdens

Debt settlement pays less than you owe on select debts; bankruptcy is a legal process that can erase most debt. Here's how they compare and which to choose.

Negotiate debt settlement yourself by saving a lump sum, contacting creditors, offering around 30%, and getting it in writing. A free, step-by-step DIY guide

Debt settlement lowers your credit score and can stay on your report for about 7 years. Here's how much it drops, how long it lasts, and how to rebuild.

This National Debt Relief review breaks down fees up to 25%, the 24- to 48-month timeline, accreditations, credit risks and who the program fits best.