Special government grants are offered to people who are under the burden of personal debts. These grants help the indebted people to pay off the pending bills and regain their financial stability. You are liable for a government grant if you are a US citizen and owing debt no less than $10,000. The grants cover primarily your unsecured debts like credit card debts. This relief program does not deal with the student loans and mortgages, so, before applying for the grant check the type of debt you have incurred. But government grants help you to avoid falling prey to debt settlement scams. Effective handling of debt: US citizenship is the only eligibility criterion to qualify for a federal grant to eliminate your debts. There are few government agencies that might give information regarding the grants and funding at CFDA.gov and Grants.gov. Maintain a document of your present financial information for instance, your proof of income, monthly credit payments and total amount of debts. Your personal informations are evaluated by the government agencies to decide your eligibility for a debt-relief grant. Government grant will be approved on meeting the stipulated criteria. Then the fund will be offered to pay off your partial or entire debts. Ineligible for a government grant then look for an alternative program: If you fail to qualify for a government grant then look for an alternative program like debt settlement process. A reputable and reliable debt settlement company will evaluate your debts and guide you to settle them effortlessly. Debt settlement negotiation has a similar effect as that of a grant. The company negotiates to lower the outstanding balance of the debtors to make the repayment plan affordable. Other debt relief options are debt consolidation and credit counseling those are preferred more than debt settlement. Once your accounts are settled your credit report will reads as "settled for less than the full balance". But this might create a bad impression on your credit history. But if you want to avoid filing bankruptcy then debt settlement is the only option available. You can begin a debt relief network in association with a legitimate debt relief company. To build a debt relief network ensure that the debt settlement company has a reputable track record of proper negotiation and eliminating debt. The company has to undergo an ethical standards test in order to deal with the affiliation program.