Debt relief can help wipe out what you owe, but there are steps you should take beforehand to prepare. Getty Images

While carrying high amounts of debt is rarely ideal, this issue isn't always the result of reckless spending. For many Americans, it's caused by the fallout of rising living costs , medical emergencies, job loss or simply trying (and failing) to keep up with the payments on high-rate credit cards . After all, as those balances grow and the compound interest piles up, what once felt manageable can quickly spiral into an overwhelming problem.

That's where debt relief programs can be key. These services, which are offered by debt relief companies , aim to reduce, restructure or consolidate what you owe, making it easier to get back on your feet. And with cred

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