One of the most effective ways to clear debt and the monthly bill overload experienced by a large percentage of American households, is to do a home mortgage refinance using a debt consolidation loan.  Of course, the borrower must be a homeowner, but almost as important, that homeowner must have sufficient equity in their home to not only pay off the existing home mortgage, but also to pay off the credit cards, car loans, installment loans, and the like.  That is why it is suggested that a home mortgage refinance borrower obtain a reasonable assessment of the value of their home, before committing to the home refinance process.  That way, any potential surprises can be lessened or eliminated.