If you have been in the habit of depending on credit, your debts will eventually mount to unmanageable levels. This is one of the worst problems you can get in that also ranks among the leading causes of stress and physical health breakdowns. It may also lead to the loss of some important physical assets such as your home, job and car. However, the Obama administration has done it once again by setting aside funding that is aimed at helping out those who have struggled with debts for too long. This means that you may be one of the lucky ones who will qualify for this help that will restructure debts and the repayments of these debts. Certainly, you can be sure that this will relieve some of your stressful predicament.You can access online agents of the government who are trained so that they will be able to advice you regarding some of the available options – this will depend on your particular situation. You just need to go online in order to get in touch and you can be certain that you will find a professional who will discuss the options that will help you deal with those you owe. For instance, you can pay off current debts using consolidation plans which will simplify your repayments down to a single monthly payment that you will find easier to manage. With your agent, you will be able to arrive at the best course to take in this matter. Normally, creditors will be paid the entire balance though this balance can also be negotiated to some lower amount.One of the many government services for debt relief is the DOE (Direct Loan Consolidation) program, which was set up as part of the American Recovery and Reinvestment Act of 2009. The DOE can consolidate and even eliminate a large portion of your credit card or mortgage debt. In case several creditors demand repayment from you, this program will pay them off. It will also negotiate a payment plan using some lowered interest rate. Such lower payments and interest rates will enable you to undertake to repay your debt quicker using extra money hence you can be certain that you will soon be debt free. You will also benefit by increasing your FICO credit score, which can save you even more money by lowering interest rates for any future credit cards or loans you receive.