Debt relief works by helping individuals or businesses reduce or eliminate their outstanding debts. There are different methods for debt relief, such as debt settlement, debt consolidation, or filing for bankruptcy. In debt settlement, the debtor negotiates with creditors to pay a lower amount than what is owed. Debt consolidation involves combining multiple debts into one payment with a lower interest rate. Bankruptcy is a legal process that can discharge or restructure debt. Debt relief can provide financial relief and a fresh start for those struggling with overwhelming debt. However, it's essential to carefully consider the implications and potential consequences before pursuing debt relief options.