Getting debt relief is a process that involves many deliberate steps. One of the most important steps in the process is to set priorities for your debts. The ones that are most important to be paid off should be listed first. You should organize them by the balance due, the interest rates, and the monthly payment that is charged as well. This will help you maintain focus in paying off your debt.

The most important debts are mortgages or rent payments, utilities, car payments, child support, student loans (if they cannot be put into forbearance or deferred), medical bills, and taxes. These debts cannot be defaulted on and you need to keep them current to avoid serious complications including eviction, foreclosure, repossession, and legal ramifications for nonpayment of taxes, child support, and other bills.

The next group of debts is somewhat important, but aren't critical. These debts include loans that have collateral such as furniture, televisions, and appliances that you have financed as well as private student loans. Private loans and items that you finance are not completely dismissible, but they don't have penalties as severe as the most important debts.

Mild debts are things that don't need paid right away. If they default, you will simply accumulate charges and rack up interest rate increases, but you will not be in legal trouble or at risk of losing your basic needs. This includes credit card bills, cash advances, personal loans, and other unsecured loans or credit lines. Late fees and interest rate increases do make these accounts important to pay off at some point, but they are not the most important debts to pay.

The least important debts that you have are ones that don't really matter anymore. These include medical bills that come from providers that you don't intend on using again as well as repossession situations that led to a deficiency balance. If your car has already been repossessed, paying the bill is not necessarily a priority, for example. These accounts don't generally come with late charges or high fees for nonpayment.

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