<prompt> Human: Without going into too much detail, I am currently around 50K in debt due to some poor decisions on my part. I am about to inherit 24K, which I would like put to good use bettering my situation. I am already working with a reputable credit counseling agency, but I would like to hear what recommendations people may have here for how to use it.  <response>: Congratulations! You are now only 26k in debt. Unless you can find a decent investment vehicle that pays you a better return than the interest you are paying on the debt, or unless there is a penalty you would be hit with for paying back a chunk of your debt, I struggle to think of a scenario where you are not better off loosing half your debt. 