Are there any government programs that offer debt relief?
Yes, there are some government programs that offer debt relief in California. The California Department of Consumer Affairs (DCA) offers free debt relief information for consumers and includes resources to help them get professional assistance if needed. The DCA also provides information on counseling services and explains the rights and responsibilities of debtors. Additionally, the U.S. Department of Justice assists with debt relief through its Bankruptcy Assistance Programs. These programs provide assistance with debt repayment and reorganizing debt through bankruptcy. The California Department of Social Services (CDSS) also provides assistance to those in need of debt relief. This includes linking consumers with legal assistance, providing financial counseling, and creating debt repayment plans. Additionally, the CDSS provides grants to help low-income households and veterans with debt relief. The Internal Revenue Service (IRS) has recently implemented a program for taxpayers in California who are struggling with debt. Through the Fresh Start Program, the IRS offers a variety of debt relief options, such as reducing or waiving certain penalties, setting up installment payment plans, or even reducing the amount of taxes due. Finally, the Federal Trade Commission (FTC) provides information on various debt relief services available and warns consumers of potential scams. The FTC also offers tips on how to spot a debt relief scam and provides resources to help consumers find legitimate debt relief programs.
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