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I have seen ads on tv about how you can slash your debt by 75% due to a government law help. how can i findout more about it, and how can i qualify for it?

They do it with an individual volentry agreementwhat they dont tell you is it hits your credit history as hard as a bankruptcy and 70% of your creditors have to agree to it.your pay money every month which is spread between your creditors, and probably have to agree to re-mortgage your house at the end of it to make 1 final lump payment.of course if you win the lottery during the 5/6/7 years you have to pay all your debts offif you get an inhertitance you have to pay all your debts offand i think they will probably put a charge on your house so you cant sell it.they charge management fees which is how they make their money.