noun
debt consolidation; debt adjustment; debt settlement
A general term for legal or financial procedures to resolve excessive debt, including out-of-court negotiations, voluntary liquidation, or formal bankruptcy. Often used in contexts like 債務整理の手続き (debt settlement procedures).
借金が返せなくなったので、弁護士に債務整理を依頼した。
I couldn't repay my debts, so I asked a lawyer to help with debt consolidation.
債務整理には任意整理や自己破産などの方法がある。
Debt settlement methods include voluntary arrangements and personal bankruptcy.