Nowadays, lots of people in America are in huge burden of debts all because of the recent economic situation in the world. People were not used to of such crises and they were used to of normal luxury life but when the economic crises came in the world, people had left no option to maintain their level of life other than using plastic card or taking huge loans to fulfill their needs. Normally, when people are using a credit card, they don’t think about interest rate and they are more interested in filling their immediate needs. When the time comes to return money then people get tenses and slowly, they get buried under the huge burden of debts and finally come to the stage of bankruptcy which is not a wide decision.Because of these debt burdens lots of other social problems have started as side effect. Medical treatment is one of the basic needs of today especially when average diseases are increasing in this world and daily we come across to hear some new disease. People have become more conscious about their health and they are spending their huge amounts in medical treatments due to which the medical bills increase. Sometimes, people are not able to pay their insurance installment and they get buried in debts day by day.Like other debts medical debt can be eliminated by taking proper guidance through some experienced debt settlement company. More over now FTC has made it more secure for the customers and tried to eliminate hesitation of peoples to come towards some settlement instead of total bankruptcy.Medical debt can be eliminated by taking help from some basic laws of FTC that include debt negotiation, debt settlement and debt counseling. When we talk about debt negotiation, it means that some professional debt settlement company is hired which will negotiate with the creditor on the behalf of customers and provide their services to decrease maximum amount of debts by taking reduction. They convince creditor about your financial crises and take creditors to some middle way normally waving off the interest and pay back only actual amount in easy installments. A debt settlement involves that some legitimate Debt Company is to be hired that provides its services to get maximum reduction in the outstanding debt by convincing the creditors and rest of amount is paid in a lump sum. Same as these two methods debt counseling involves the criteria in which some debt settlement company is hired that guides customers to take loan on low rates and settle all other loans and keep paying easy installments of only one loan.