Debt relief companies primary objective is to eliminate credit card debt and various personal debts by negotiating with creditors and credit card issuers such as a bank. Other debt relief companies such as credit counseling services enroll consumers into debt management programs. Each debt relief option helps you repay your debts and improve your financial picture, without the long term after affects of bankruptcy. To use a debt relief company to help pay off debts, you must have some disposable income. A debt relief consultant contacts your creditors to let them know you’ve sought professional assistance and need more time to repay your debts. Based on your income and debts, the debt relief agent will negotiate a sensible debt repayment schedule with your creditors. You then make one payment each month to the debt relief company, which in turn pays your creditors accordingly.