A number of debt consolidation companies offer free services to attract potential clients. These services may include credit counseling, drawing up an individualized debt management plan, information on how to avoid bankruptcy, or other advice on debt reduction options. Some companies may waive fees for certain services. However, the bulk of free debt consolidation options are provided by the United States government or are available to certain qualified individuals under law.

The United States government provides a variety of free advice for certain types of debt, including student and home loans. The Federal Student Aid website tells you under what circumstances you may be eligible to have your student loan cancelled. It also provides information on deferment options. The Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) provide information on home equity loans and other home refinancing options while also educating clients about predatory lending practices and how to avoid them. The Federal Trade Commission provides free information on how to get your free credit reports, legal ways to improve your credit report, self-help tips on managing debt, and how to recognize and avoid credit-related scams.

If you are on active military duty, there are certain circumstances under which you are protected from incurring additional debt on financial obligations that were incurred prior to being deployed. This is under the Service Members Civil Relief Act of 2003. Reserve, Coast Guard, Public Health Service, and National Oceanic and Atmospheric Administration members are also covered under this Act. While you need to demonstrate that being on active duty will adversely affect your ability to service your debt, you can request creditors to reduce interest, be protected from eviction if your monthly rent is $2,465 or less, be released from a home or vehicle lease, and delay bankruptcy or foreclosure proceedings.