Here we have discussed the steps of debt relief program and its process which will provide the help to save your time, money and lower the interest rate.

1. Tips to Choose a Debt Relief
Program

2. Introduction
 Debt relief or debt cancellation is the partial or total
forgiveness of debt, or the slowing or stopping of
debt growth, owed by individuals, corporations, or
nations.

3. Tips to Choose a Debt Relief Program
 Budgeting and bill payment
 Debt management
 Debt consolidation programs
 Debt settlement
 Bankruptcy

5. Budgeting and bill payment
 It helps you include bill payments in the ‘necessary’category
of the budget plan
 It helps you allocate funds for bill payments
 It forces you to make less unnecessary expenses
 It helps you make regular bill payments and avoid penalties
 It helps you improve credit score with time

6. Debt Management
 A debt management plan is a formal agreement between a
debtor and a creditor that addresses the terms of an
outstanding debt.
 Gives you reduced interest rates
 Solves your debt management worries
 Makes your credit shine with time

7. Debt Consolidation Programs
 These debt relief services help you attain financial freedom in
the following ways:
 Give you a flexible payment plan
 Allow you to make only one payment every month
 Reduce stress and collection calls

8. Debt Settlement
 Debt settlement, also known as debt arbitration, debt
negotiation or credit settlement, is an approach to debt
reduction in which the debtor and creditor agree on a reduced
balance that will be regarded as payment in full. During a
negotiation period, all payments by the debtor are made to the
debt settlement company.

9. Bankruptcy
 Bankruptcy is a generalized term for a federal court procedure
that helps consumers and businesses get rid of their debts
and repay their creditors. If you can prove that you are entitled
to it, the bankruptcy court will protect you during your
bankruptcy proceeding. In general, bankruptcies can be
categorized into two types - "liquidations" and
"reorganizations."

11. Who I Am…
 Century Law Firm is a financial services company
located in Florida which provides the help in debt
relief, personal loan and bankruptcy.