subject: Debt Consolidation, Negotiation and Credit Counselling - Proven Debt Relief Solutions to Consider [print this page] Although credit counselling and consolidations are popular means of settlement, the most popular one in this direction is the debt negotiation programs. Recently, the Federal government has approved negotiation as legitimate and announced tax breaks for both the creditors and debtors. This process enables the debtors minimizing their outstanding payables to a great extent. Additionally, the non-payers do not have to count the tax too, on the paid amount. The same is applicable for the bankers when they entertain a settlement proposal. Even many certified agencies also got grant from the government to encourage negotiation programs. Following all the green signals, negotiation programs are on full swing and in process of relieving many people from their hard-up situa
