What is the main intention behind debt settlement programs?

The main intention behind debt settlement programs is to negotiate a reduced payment with creditors. This approach involves working with creditors to agree on a settlement amount that is less than the total outstanding debt. Typically, this process allows individuals facing financial difficulties to settle their debts for a lower amount than what they initially owed, thereby alleviating some of their financial burden.

Debt settlement programs often appeal to those who are struggling to manage high levels of debt and are looking for a more manageable solution. By successfully negotiating a settlement, individuals can resolve their debts more effectively and potentially improve their financial situation over time.

The other options do not accurately reflect the primary purpose of debt settlement. For instance, increasing the total debt owed goes against the essence of debt settlement, which is to lower financial obligations. Similarly, while debt settlement can sometimes resolve or mitigate legal consequences, it does not guarantee immediate elimination of such issues. Lastly, assisting individuals in making larger payments contradicts the goal of reducing overall debt and making repayment more feasible.