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National Debt Relief PlanAs we continue through the Obama new deal era, there is much talk about a national debt relief plan. And for good reason. Government bailouts have been given to the auto industry, Wall Street, and even the porn industry and the dairy farmers are now clamoring for a bailout as part of a national debt relief plan. But what about the hard-working men and women of Main Street America? They also deserve a bailout as well.The good news is that a national debt relief plan has arrived. It is part of a sweeping new series of programs and services that has been arranged by the U.S. financial services industry in conjunction with elected officials. As part of Mis Sold PPI the national debt relief plan, consumers and small businesses can have up to 50 percent or more of their unsecured debt eliminated. This is debt that is forgiven and never has to be repaid. How does it work? Read on.Unlike the debt relief programs of the past, the new debt relief programs as part of the national debt relief plan do not involve the taking out of new loans to pay off existing loans, nor do they involve filing for bankruptcy. Rather, financial industry professionals mediate between debtors and creditors in order to come to aconsensusin the form of a great reduction in the amount of debt that is owed.This is debt that is written off and never needs to be repaid.