The Purpose of all plans of the government including national debt relief initiative is to help people who are suffering from the huge pools of debts.
People have been stuck in the huge pools only because of the recession.
They were not able to maintain balance between their liabilities and assets and thus were pushed in to pools of unsecured debts.
When the government saw this situation it came up with many debt relief plans to help the common people.
National debt relief initiative is a program introduced by the government which is there to help people who are dealing with their mortgages and are the owners of houses.
Moreover this plan is also for the assistance of the people who are dealing with the credit card holders.
It happened that people received a letter in their mail box which was designed in a way that it looked as if it has been sent by the government authorities but when people looked carefully and investigated, it was not from the government or any authority rather it was sent by a settlement company which was not legitimate.
Many people fall victim of the fake company.
But as soon as new federal laws were introduced, the scenario was changed.
Let us see how these laws have helped people.
Now if a person contacts the settlement company that sends a letter to him then he can judge whether it's true or not.
It is that if that company asks for advance fee then it is not a true company.
It is due to the fact that according to the new laws no company can ask the debtors to give it fee for it services in advance.
Moreover these companies are allowed to ask for the fee only when a deal is finalized between the credit card company and the debtor.
As soon as these new laws were implemented national debt relief initiative has once again become a secure plan for the people all around.
Now people can join this plan and all other relief plans easily without any fear of being cheated at the end of the settlement firms who are there to earn money only.