Debt relief refers to the process of reducing or eliminating the amount of debt owed by an individual or organization. It can be achieved through a variety of methods, including debt consolidation, debt settlement, or bankruptcy.

Debt relief is often pursued by individuals or businesses that are unable to manage their debt payments and are facing financial hardship. The goal of debt relief is to provide a path to financial stability and to help individuals and organizations get back on their feet.

While debt relief can be a helpful solution for some, it is important to carefully consider the potential consequences and seek professional advice before taking any action.