South Carolina Pro of ADR or Exemption is a program that allows certain South Carolina residents to have their debts reduced or eliminated entirely, depending on their financial circumstances. The primary types of South Carolina Pro of ADR or Exemption are debt settlement, debt negotiation, debt consolidation, and debt relief. Debt settlement is a negotiation process between an individual and their creditor in which the creditor agrees to accept a lesser amount than what is owed as final payment, and the individual pays only the amount accepted by the creditor. Debt negotiation involves the individual and creditor negotiating a new payment plan or terms of agreement to reduce the amount owed. Debt consolidation involves taking out a loan to pay off existing debts, and then repaying the loan with one monthly payment. Debt relief, also known as debt forgiveness, is when the creditor agrees to forgive the remaining debt and not require payment.