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Partial or total forgiveness of debt
Debt relief or debt cancellation or debt jubilee is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals
Debt_relief
NASCAR O'Reilly Auto Parts Series race at Martinsville Speedway
The 2026 National Debt Relief 250 was a NASCAR O'Reilly Auto Parts Series race held on Saturday, October 31, 2026, at Martinsville Speedway in Ridgeway
2026_National_Debt_Relief_250
Debt relief, or debt forgiveness, has been practiced in many societies since antiquity. Periodic debt remission was institutionalised in the Ancient Near
History_of_debt_relief
Debt relief orders (DROs) are a simplified, quicker and cheaper alternative to bankruptcy as an insolvency measure in the United Kingdom. They came into
Debt_relief_order
Recent Proposals for Debt Relief", World Development Journal, Vol. 15, No. 3, pp411–417. Bogdanowicz-Bindert, C A, (1986) "The Debt Crisis: The Baker Plan
Baker_Plan_(debt_relief)
Multilateral Debt Relief Initiative (MDRI) was approved in June 2005 by the finance ministers of the G8 during the 31st G8 Summit, held at Gleneagles
Multilateral Debt Relief Initiative
Multilateral_Debt_Relief_Initiative
Public issue
future. The Government of India next implemented the Agricultural debt Waiver and Debt Relief Scheme in 2008 to benefit over 36 million farmers at a cost of
Farmers'_suicides_in_India
American charity
and then relieves the debt. The charity converts every dollar contributed into an average of $100 of purchased medical debt relief. The founders were inspired
Undue_Medical_Debt
NASCAR O'Reilly Auto Parts Series races at Martinsville Speedway
to the Advance Auto 500, the final race of the season. The National Debt Relief 250 is a NASCAR O'Reilly Auto Parts Series stock car race held at Martinsville
NASCAR O'Reilly Auto Parts Series at Martinsville Speedway
NASCAR_O'Reilly_Auto_Parts_Series_at_Martinsville_Speedway
1953 debt relief treaty
Agreement on German External Debts, also known as the London Debt Agreement (German: Londoner Schuldenabkommen), was a debt relief treaty between the Federal
London Agreement on German External Debts
London_Agreement_on_German_External_Debts
American public health official
government and state hospitals to develop create a comprehensive Medical Debt Relief and Reform Incentive Program. The final plan gives hospitals significantly
Kody_H._Kinsley
Clearance of debt from public records
A debt jubilee is one form of debt relief, specifically a clearance of debt from public records across a wide sector or a nation. Such a jubilee was proposed
Debt_jubilee
32nd race of the 2025 NASCAR Xfinity Series
The 2025 IAA and Ritchie Bros. 250 was the 32nd stock car race of the 2025 NASCAR Xfinity Series, the final race of the Round of 8, and the 6th iteration
2025 IAA and Ritchie Bros. 250
2025_IAA_and_Ritchie_Bros._250
American technical college
that would allow former students of Corinthian schools to apply for debt relief, if they believed they were victims of fraud. While the Department has
WyoTech
Situation in which a government cannot pay back its debt
implementation. In December 2012 the Troika provided Greece with more debt relief, while the IMF extended an extra €8.2bn of loans to be transferred from
Debt_crisis
Renegotiating a debt
the corporate advisory report. Debt relief Debt settlement Strategic default Troubled debt restructuring "Out-of-Court Debt Restructuring" (PDF). p. 54.
Debt_restructuring
32nd race of the 2024 NASCAR Xfinity Series
The 2024 National Debt Relief 250 was the 32nd stock car race of the 2024 NASCAR Xfinity Series, the sixth race of the Playoffs, the final race of the
2024_National_Debt_Relief_250
The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President
Mortgage Forgiveness Debt Relief Act of 2007
Mortgage_Forgiveness_Debt_Relief_Act_of_2007
IMF and World Bank classification for special eligibility
provides debt relief and low-interest loans to cancel or reduce external debt repayments to sustainable levels. This means the nations can repay debts in a
Heavily indebted poor countries
Heavily_indebted_poor_countries
American politician and attorney (born 1981)
the lawsuit filed by former AG Eric Schmitt against the Biden student debt relief plan on behalf of the Higher Education Loan Authority of the State of
Andrew_Bailey_(politician)
Measures to reduce poverty permanently
and on foreign debt for Multilateral and Bilateral debt, which was pushed later in a second phase known as the Multilateral Debt Relief Initiative in order
Poverty_reduction
Sovereign debt crisis faced by Greece (2009–2018)
Bank, and negotiated a 50% "haircut" on debt owed to private banks in 2011, which amounted to a €100bn debt relief (a value effectively reduced due to bank
Greek_government-debt_crisis
International organization
90% debt cancellation. Non-HIPC countries are assessed on a case-by-case basis. Non-HIPC countries seeking debt relief first undergo an IMF debt sustainability
Paris_Club
specialist debt management company, they provide services to help people get out of debt including Debt management plans, Debt Relief Orders and Debt settlements
Baines_and_Ernst
Form of debt refinancing
debt relief, where part or whole of an individual debt is forgiven; and debt consolidation, where the individual is able to acquit the current debts by
Debt_consolidation
American debt consolidation company
Arizona. Achieve provides consumer financial services including debt consolidation, debt relief, personal loans, home equity loans, financial apps, and financial
Achieve_Company
Former for-profit technical institute
on its list of "The 5 Colleges That Leave the Most Students Crippled By Debt". Among ITT Tech graduates with loans due in 2011, 22% had defaulted by 2014
ITT_Technical_Institute
Obligation to pay borrowed money
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed
Debt
Legal advocacy organization in the United States
America First Legal represented white farmers in Texas who sought to undo debt relief for socially disadvantaged farmers and ranchers as part of the American
America_First_Legal
The debt of developing countries usually refers to the external debt incurred by governments of developing countries. There have been several historical
Debt_of_developing_countries
American-based nonprofit organization
that Public Service Loan Forgiveness systematically failed to deliver debt relief to members of the military, as reported by Leslie Stahl on 60 Minutes
Student Borrower Protection Center
Student_Borrower_Protection_Center
President of Liberia from 2006 to 2018
Announce U.S.$4.6 Billion Debt Relief". AllAfrica.com. 29 June 2010. "Liberia: Paris Club Clears More Than U.S.$1 Billion Debt Liberia Owes Its Creditors"
Ellen_Johnson_Sirleaf
Economic theory
of debt relief is inflation, which reduces the real debt burden, as debts are generally nominally denominated: if wages and prices double, but debts remain
Debt_deflation
Liabilities owed to nonresidents by residents
further debt relief or rescheduling, avoiding accumulation of arrears, while allowing an acceptable level of economic growth. External-debt-sustainability
External_debt
President of Somalia from 2017 to 2022
holding interviews with government officials. In 2020, Mohamed secured debt relief which cancelled $1.4 billion of arrears for Somalia. He commended the
Mohamed_Abdullahi_Farmajo
President of the European Central Bank since 2019
Greek debt relief". telegraph.co.uk. Retrieved 16 July 2015. Rankin, Jennifer (17 July 2015). "IMF steps up Greek bailout criticism over debt relief package"
Christine_Lagarde
Form of debt relief for individuals
Virtually every country with a modern legal system features some form of debt relief for individuals. Personal bankruptcy is distinguished from corporate
Personal_bankruptcy
International law legal theory
In international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic regime should
Odious_debt
Intergovernmental political and economic forum
War and Soviet occupation of Afghanistan. In the 1990s, it launched a debt-relief program for the 42 heavily indebted poor countries (HIPC); provided $300
G7
American system of colleges
former Everest students were made eligible for automatic student loan debt relief through the US Department of Education after several investigations found
Everest_College
Process to help debtors
Kingdom as debt counseling) is a process used to help individual debtors overcome their debt through financial education, budgeting, debt management plans
Credit_counseling
Swedish politician (born 1996)
was granted permanent residency in the autumn of 2013. He was given debt relief in 2022. He was denied Swedish citizenship in 2023. His appeal was rejected
Mohamed_Abdukardir_Ali
Ancient Athenian debt-relief program by Solon
and slavery that had run rampant in Athens by the 6th century BC, by debt relief. Under the pre-existing legal status, according to the account of the
Seisachtheia
Diplomatic practice coercing alignment or access of an indebted country to its creditor
assets to it, or aligning their foreign policy with it, in exchange for debt relief. This hypothesis attracted wide interest, being covered in prominent
Debt-trap_diplomacy
Waiver of liability of the beneficiary
Forgiveness program in the United States and the Agricultural Debt Waiver and Debt Relief Scheme in India In certain situations, the United States Federal
Loan_waiver
Multi-year debt crisis in multiple EU countries, 2009–2010
also known as the euro area crisis, European debt crisis, or European sovereign debt crisis, was a debt crisis and financial crisis in the European Union
Eurozone_crisis
Settlement negotiated with a debtor's unsecured creditor
Debt settlement (also called debt reduction, debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly
Debt_settlement
Scam about debt relief
known as UN Swissindo or NEO the United Kingdom of God Sky Earth) is a debt relief scheme widely classified as a cult and a scam. It is led by a man named
Swissindo
Money owed from Haiti to other countries and international institutions to repay loans
were estimated to account for approximately 40% of Haiti's debt in 2000, before debt relief was granted. These funds were used to strengthen Duvalier control
External_debt_of_Haiti
Slavery as a means to repay debt
Debt bondage, also known as debt slavery, bonded labour, or peonage, is the pledge of a person's services as security for the repayment for a debt or other
Debt_bondage
2023 United States Supreme Court case
to overturn the debt relief program. On June 30, 2023, the Court issued a 6–3 decision in Biden v. Nebraska, striking down the debt forgiveness program
Biden_v._Nebraska
American lawyer and statesman (born 1930)
by The Nation in 2004—when Baker was a presidential envoy for Iraqi debt relief—implicated Baker in Carlyle's efforts to acquire a billion dollars in
James_Baker
Form of consumer debt
multiple-credit-card debt-relief options became widely popular for U.S. residents with unsecured debt of over $5,000. Debt-relief options available in
Credit_card_debt
Swiss private foundation in Geneva, owner of Rolex
scholarships, supports social associations, funds foundations focused on debt relief or workplace integration, and backs culture and sports (e.g., Servette
Hans_Wilsdorf_Foundation
Cuban doctor; daughter of Che Guevara
Moore's film Sicko. Guevara has been an advocate for human rights and debt relief for developing nations. She is the author of the book Chávez, Venezuela
Aleida_Guevara
Legal status for relief from debts
people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed
Bankruptcy
relief of persons imprisoned for Debt.] (PDF). 2nd U.S. Congress - 1 Stat. 265 ~ Chapter XXIX. U.S. Government Publishing Office. May 5, 1792. "Debt Imprisonment
Debtors' Prison Relief Act of 1792
Debtors'_Prison_Relief_Act_of_1792
payments, increased debt, reduced revenue performance, and lower public investment. In December 2000, Niger qualified for enhanced debt relief under the International
Economy_of_Niger
Debt resistance collective
whether this form of relief constituted political action, considering how recipients often did not view the gesture as political. The Debt Collective is a
Strike_Debt
Department of the US government
damages claims. These claims could be used for monetary relief, debt relief, and/or tax relief. The filing period began June 29, 2011 and lasted 180 days
United States Department of Agriculture
United_States_Department_of_Agriculture
Mining industry in the Democratic Republic of the Congo
wins debt relief despite Canadian concerns". The Globe and Mail. Toronto, Ontario, Canada. Retrieved 5 July 2025. "Canada requests delay in Congo debt relief"
Mining industry of the Democratic Republic of the Congo
Mining_industry_of_the_Democratic_Republic_of_the_Congo
Topics referred to by the same term
refer to: Relief (emotion) Relief (military) Relief (humanitarian) Relief Inlet, Victoria Land Relief Pass, a mountain pass in Oates Land Relief, California
Relief_(disambiguation)
Pakistani statesman and jurist (1873–1962)
rent within twenty years of the erosion. These measures resulted in debt relief for millions of Bengali peasants. However, he failed to fully implement
A._K._Fazlul_Huq
Governor, Senator, Representative, and pioneer from Kentucky (1757–1840)
debt relief issue. The first —primarily composed of land speculators who had bought large land parcels on credit and were unable to repay their debts
John_Adair
Sumerian term for "freedom" or "manumission"
𒂼𒅈𒄄 ama-ar-gi4. Sumerians used it to refer to release from obligations, debt, slavery, taxation, or punishment. Ama-gi has been regarded as the first
Ama-gi
reaching the finishing point under the Heavily Indebted Poor Country (HIPC) debt relief initiative approved by the Boards of the International Development Association
Haiti_and_the_World_Bank
Executive agency in the United Kingdom
Companies Investigation Branch of BERR transferred to the service. The new debt relief orders which came into force on 6 April 2009 under the Tribunals, Courts
Insolvency_Service
International summit in South Africa
responses to climate-related and natural disasters. Debt sustainability – supporting improvements to debt-relief mechanisms and transparency for low-income countries
2025_G20_Johannesburg_summit
Military unit
anti-imperialist organisation, and has demanded a number of reforms including mass debt relief, the introduction of a welfare system and the self-management of society
Resistance Committee (Ukraine)
Resistance_Committee_(Ukraine)
Minister of Finance of the Federal Government of Somalia
and World Bank estimated the resulting debt-service savings at US$4.5 billion; they described the debt-relief process as an effort spanning three administrations
Bihi_Egeh
Frederick of Saarwerden was Archbishop of Cologne
the archbishopric was free of debt to Kuno von Falkenstein. From then on, Frederick could devote himself to debt relief with the Curia. Frederick had
Friedrich_III_von_Saarwerden
American public figure (born 1952)
her likeness and a recipe were sold to raise funds for student lunch debt relief. Kelce approved the project and supported its mission. In 2024, Kelce
Donna_Kelce
Prime Minister of Pakistan from 2018 to 2022
calling for debt relief". TRT World. Ahmed, Ali (16 April 2020). "UN supports PM Imran Khan's call for global initiative on debt relief". Brecorder.
Imran_Khan
American lawyer & politician (born 1959)
of debt relief for student loan borrowers, and FSA spent several months building a program that eventually saw eight million applicants. This debt relief
Richard_Cordray
U.S. student loan servicer
to have their debt cancelled after 10 years of service and 120 loan payments made on-time. Student loan borrowers eligible for PSLF relief have filed suit
Higher Education Loan Authority of the State of Missouri
Higher_Education_Loan_Authority_of_the_State_of_Missouri
American politician and activist (born 1990)
him. Lawrence held a fundraiser for medical debt relief that canceled $100,000 in outstanding medical debt for local residents. At a March 2026 No Kings
William Lawrence (Michigan politician)
William_Lawrence_(Michigan_politician)
American politician (born 1949)
Jan Schakowsky, and Jerrold Nadler, The National Guard & Reservist Debt Relief Extension Act, which allows qualifying members of the National Guard
Steve_Cohen_(politician)
American taxi drivers union
deal on debt relief". The Guardian. Retrieved 29 March 2026. Cuza, Bobby (September 30, 2022). "Taxi drivers, elected officials cheer debt relief program"
Taxi_Workers_Alliance
2025 African Union–European Union summit meeting
As the meeting takes place, observers have highlighted issues such as debt relief, green energy partnerships, critical raw materials, security cooperation
7th European Union–African Union Summit
7th_European_Union–African_Union_Summit
Nigerian politician
headed the National Assembly Debt Relief Campaign team, which, in 2005, convinced Nigeria's creditor nations to support debt relief, acting together as the
Udoma_Udo_Udoma
U.S. federal government debt (United States national debt)
The national debt of the United States is the total national debt owed by the federal government of the United States to treasury security holders. At
National debt of the United States
National_debt_of_the_United_States
German-born American televangelist (born 1946)
"Scam Everlasting: After 25 Years, Debunked Faith Healer Still Preaching Debt Relief Scam". Business Insider. New York, NY. "Evangelist Sends Gospel In Balloons"
Peter_Popoff
Debt used to finance post-secondary education or higher degrees
salary of $39,523. To assist low-income citizens with student debt, Canada's Interest Relief program offers a six-month reprieve from mandatory payments
Student_debt
his creditors (see Part VIII of the Insolvency Act 1986) or a debt relief order if debts do not exceed a certain threshold. An IVA takes the form of a
Bankruptcy in the United Kingdom
Bankruptcy_in_the_United_Kingdom
Athenian statesman (c. 639 – c. 559 BC)
constitutional reform reforming most of Draco's laws. Solon's reforms included debt relief later known and celebrated among Athenians as the seisachtheia (shaking
Solon
Multinational non-governmental organization
Jubilee 2000 Drop the Debt campaign. DATA was created for the purposes of obtaining equality and justice for Africa through debt relief, adjusting trade rules
DATA
Pursuit of debt payments owed by an individual or business
in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors. They collect debts for
Debt_collection
American politician (born 1976)
student loan debt, Rutledge joined a lawsuit (Biden v. Nebraska) brought by five other Republican state attorneys general. The debt-relief program was
Leslie_Rutledge
Consumer Protection Act of 2005. Entities seeking relief under the Bankruptcy Code may file a petition for relief under a number of different chapters of the
Bankruptcy in the United States
Bankruptcy_in_the_United_States
American songwriter, actor, filmmaker and librettist (born 1980)
in 2016 to speak out in favor of debt relief for Puerto Rico and raised funds for rescue efforts and disaster relief after Hurricane Maria in 2017. Miranda
Lin-Manuel_Miranda
Ghana. Debt relief Debt service ratio Debt service coverage ratio Developing countries' debt External debt Government debt (public debt) Heavily indebted
Debt Service Suspension Initiative
Debt_Service_Suspension_Initiative
Seventh year of Jewish agricultural cycle
also apply to the sale, consumption and disposal of shmita produce. All debts, except those of foreigners, were to be remitted. Chapter 25 of the Book
Shmita
American politician (born 1988)
number of jobs available in green industries. She voted against a student debt relief plan proposed by the White House in 2023. She was one of only two House
Marie_Gluesenkamp_Perez
Type of international aid
equivalent basis. But this approach creates problems for the accounting of debt relief within ODA, and donors only reached consensus on how to treat this in
Official development assistance
Official_development_assistance
Conditions imposed on international benefits
of conditions attached to the provision of benefits such as a loan, debt relief or bilateral aid. These conditions are typically imposed by international
Conditionality
Late 1990s campaign for international debt cancellation
of Jubilee 2000. Drop the Debt existed to work in the run-up to the G8 Summit in Genoa, Italy, and ensure that debt relief was on the agenda at that meeting
Drop_the_Debt
U.S. Bankruptcy law, it is also a person who applies to a debt relief agency. A debt relief agency is "any person who provides any bankruptcy assistance
Assisted_person
Total amount of debt owed to lenders by a government/state
government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time
Government_debt
Form of debt relief
Debt adjustment is a form of debt relief that allows a government, organization, corporation, or individual to repay a debt over a longer period of time
Debt_adjustment
Governor of Kentucky from 1824 to 1828
exclusively on promises of relief for the state's large debtor class. He was elected by a large majority, and debt relief partisans captured both houses
Joseph_Desha
travel, tourism, insurance
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