A lot of talks are made to day regarding government bailouts. Most of the times companies or groups are appealing to government to bail them out of the financial mess they have got in.

As a debtor you would be least concerned about the companies. Your pertinent question would be about the individual debt. You may be asking about the government Debt Consolidation. The first query would be whether any such government debt consolidation program exists.

Government programs to help individuals to get out of their debt problems are few and far between. You must first of all appreciate that debt consolidation and loan consolidation are not exactly the same thing though they sound similar. Debt consolidation is not merely combining a few loans together into one.

Such loan consolidation facilities may be available. However there are other repayment programs both for debt consolidation and Credit Card Debt consolidation and repayment. An agency or the intermediary working for their clients could get better results. While in other fields government does not directly assist debt consolidation, there is one area where the help is prominent. It is the student loan consolidation.

Federal student loan consolidation is guaranteed by the government in United States. They are therefore not treated as the ordinary consumer loans. Many student loan and debt consolidation programs are available. Your existing student loan will be purchased by the consolidator who specially deals with student loan or at best by the US Education Department.