Debt relief

Debt relief is when you owe money to someone or a company and they decide to give you a break by not expecting all of it back. So they might forgive some or all of the debt that you owe, depending on how much you can afford. This can be really helpful if you're in a tough spot and can't pay back the full amount. Some companies might also offer you an easier way to pay back the debt over a longer period of time.