As in right now. Yes, you. It is quite possible for anyone to get out of debt now. Sounds like some magic trick meant to beguile and maybe weasel you into a debt hole bigger than the one you're in now, doesn't it? You ask anyone to look at the state of your debt and ask with not a mix of pain, frustration and, yes, longing for a solution, if anything can be done so you can get out of debt now.

Getting into debt in this modern world seems so easy. Credit cards tempt the unwary with extremely attractive rates, and some even give certain kinds of bonuses in their sales pitch, all the while crossing their fingers that you don't read the fine print or, even if you do, won't be able to make heads or tails about it.

The economic crisis, after all, came about largely due to people being talked into taking loans by the unscrupulous even if these supposed experts know the ones taking out the loan won't be able to pay for it eventually.

But the times aren't so bad that we're beginning to hew closely to the dystopia sci-fi writers like William Gibson imagined, of a world of high technology but there's a yawning chasm separating the elite few and impoverished majority. Debt isn't meant to enslave you, and there are indeed ways to free yourself from its shackles.

Someone once said that there wouldn't be oppressors if people didn't let themselves get oppressed in the first place. Translated to your debt status, maybe it's all about the situation that put you in such a hole in the first place. That means taking a good, long look at the terms and conditions of your credit card or loan. How radically different are they from when you signed up? How fair are they to you?

If the answers to those questions are not to your liking, then the easiest way for you to get out of debt now is to leave that situation. Liberation from oppression isn't always about overthrowing The Man, and even then its not such an easy option.

Sometimes, you just have to take yourself out of that situation that's oppressing you. And just as easy as it is crossing a border to get one's liberty from a dictator, all you have to do to free yourself from debt is to leave your current provider for a new one.

In the world of debt management, there's this concept called, "snowballing." Basically, it's about transferring your debt from a provider with a prohibitively high interest rate to one that is smaller. The first benefit of this is that it reduces the pressure on you in terms of payment.

The second is that it can move you out entirely from that high-interest provider and into one that you can cope with much easily. Just be sure to thoroughly check the offer being given to you, lest you end up jumping from one frying pan into a hotter one.

If the reason for your out-of-control debt is simply a case of bad luck - your old, high-paying job was one of the casualties of the recent recession and now you're in one that gives far less compensation (although it is better than nothing), or some expenses suddenly cropped up like if a storm hit your state and left your house flooded - one way you can get out of debt now is to renegotiate the terms of your debt.

Although not as fast as transferring your principal from one rate to another, sometimes renegotiation of loan terms can be better in the long run as it stabilizes your debt and allows you more control over how to pay it.

Alternatively, you can look up a well-off friend or family member and ask help from them. This is one of the fastest modes of making you get out of debt now because the people closest to you can give you the best terms and might even help you wipe out that debt in one fell swoop.

Usually, the only hindrance to this is pride, especially if you do have friends and/or family very much willing to help you out of the slavery of debt. If you won't accept their help for free, maybe you and them can come up with interest rates amenable to all concerned, and you can be sure these can go for figures far lesser than what credit companies can give on a charitable day.

Finally, reorganizing one's finances and lifestyle is one sure way to get out of debt now. Much of your debt stems from purchases you usually won't be able to make given your financial situation. But you were able to make these purchases because you have a credit card or were able to secure a loan from a bank.

Doing such transactions is all part of the economy of the Digital Age but it can also spiral out of control. Make sure that your purchases made via some form of credit are something you can reasonably pay for. Remember, the current economic crisis is due to people getting, or being allow to get, credit that they can't pay. Unless you want to suffer the same fate, you'll have to watch your purchases.

There's always a declaration of bankruptcy, and that's really a quick way to get out of debt now but the trade-offs for Chapter 7 or Chapter 11 filing are not as good, and such a manner of dealing with your debt should only be looked on as a last-ditch effort more than anything.

So, yes, you can get out of debt now. The options are there, and all you need to do is pick the best one for you, and you're on your way to getting liberation from the all-consuming oppression of credit and loans.

You can use all these strategies to save money and get out of debt but they will all mean nothing unless you can call upon someone you trust to get help when you need it. Access a debt relief expert in your area (for FREE) or to get some help now at:

Author's Bio: 

Dan Cavalli, an Australian businessman and Author. He is an entrepreneur and expert on small-business success and has a published International selling book: ‘Blueprint for Making Millions’.

Dan specializes in the creation of businesses and building them to full potential fast. His most noted success in business was where he started his first business from zero and built it to $140 million in 18 months. He has repeated similar results over the years and he now teaches people how he builds businesses extraordinarily fast with effective sales and marketing techniques. Visit Dan's blog at