Definitive Guide to a Debt Free Life – Chapter 13: Special Debt Relief Options

There are many different ways that you can get your finances under control and get out of debt quickly and efficiently.

The best option for you is more than likely not the best option for the next person. While most of those affected by debt in the United States should turn to debt management, debt consolidation, credit counseling, or a similar debt relief method, some citizens qualify for special options.

These special relief options make getting out of debt and living a debt free life that much easier. Among those that qualify for such options are seniors, the disabled, and members of the military.

These debt relief options offered by the government are discussed in greater detail below. Pay particular attention to this chapter if you or someone you know falls into one of the above categories: seniors, disabled, military members.

debt free

Special Debt Relief Option for Seniors

There are a variety of different debt relief options that are specifically tailored to senior citizens.

But before discussing these debt relief options, it is important to first talk about debt relief scams. Because of the vast amount of people in the United States that require some form of debt relief or another, there are a few people out there that try to scam these vulnerable people out of their money. All too often these criminals focus on seniors.

The primary senior debt relief scam is an offer for “free money” to help those in debt get out of it. These scams are often specifically tailored towards seniors by saying they qualify because of their advanced age.

Senior debt relief scams come in many forms and the offers for “free money” can be found on legitimate television channels and in legitimate magazines. Offers might also come through the mail or over the Internet, making them seem all the more legitimate. Usually the scams claim that they are government grants.

Right off the bat, anything that comes in the mail or through email that claims to be a government grant is, in most cases, not a government grant. The United States government does not reach out to people about their debt relief grants. The information must be sought out and accessed by a person on their own time.

Government grant applications also never require an application fee. Many scams do. Legitimate grants for senior debt relief rarely require personal information – such as social security, bank account, and credit card numbers – during the application stage.

Luckily, legitimate debt relief options for seniors do exist. Your best bet in finding one of these is by working closely with a reputable credit counseling agency or financial advisor. They will help you sort through the wide variety of debt relief and credit card debt relief options that are available to seniors.

Among these options are a reverse mortgage and a tax settlement from Tax Counseling for the Elderly. Seniors also commonly qualify for traditional means of debt relief as well. (

Special Debt Relief Options for the Disabled

Like the elderly, there are several special debt relief options available for those with disabilities.

Also like senior debt settlement programs, many of the relief options tailored towards the disabled are scams. The same rules for weeding through senior relief scams can be used for disabled relief scams.

Your best place to start when looking for disabled debt relief is with your creditor or financial institution you took your original loan from. Many creditors have special hardship programs in place for those with disabilities. While these programs will not erase your debt altogether, they will cut you some slack and make it easier to pay back.

Keep it in mind, however, that they may also negatively affect your credit score.

Perhaps the smartest plan of attack for disabled debt help is to talk with a credit counselor. These trained professionals will help you review your relief options – including those offered by government assistance programs – to find the one that works best for your individual needs and preferences. (

Special Debt Relief Options for Military Members

Debt ridden members of the United States military also have access to a number of specific debt relief options.

Though most of the debt relief options available to military members are nearly the same as those available to everyone else, there are a few small differences. These subtle differences can, however, be quite important.

It is essential to take note of the Service Members Civil Relief Act. Familiarizing yourself with the ins and outs of this legal act will help ensure that you reap the full benefits that you are entitled to.

The act takes into account a variety of things so it is important to thoroughly review the link above. Among the many things that it covers include:

  • Debt – Payments can be delayed for those entering service, that are in active duty, or that are deployed.
  • Interest – Interest rates for unpaid or overdue credit card debt are kept lowered for military members that are actively serving.
  • Eviction – Military members are protected from eviction up to a certain amount of money on unpaid rent payments. They may also break a lease if they are to be deployed or stationed elsewhere for over 90 days in a row.(

If you qualify for any of the special debt relief options discussed above, then you should by all means take ahold of them.

Though they might not seem like much at first glance, the additional relief can effectively help you get out of debt that much more quickly. And if you are not sure whether or not you qualify, talking with a licensed and reliable credit counselor is the route to take.

In the next chapter of this guidebook we talk all about retirement. The chapter will discuss saving for retirement, getting out of debt before retirement, and dealing with debt during retirement.

See you there!


  •, “What Can Seniors Who Cannot Pay Their Credit Card Debt Do?”

  •, “On Disability and Need Debt Help”

  •, “3 Military Debt Relief Options”

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