<prompt> Human: I am married and own mortgage house. All our credit card debts come in about 40K paying min monthly fees just to get by. Wife has a student loan around 100k which I am not including because that will be impossible to pay off anytime soon. Both of us combined bring in around 45-50K yearly. My question is are debt consolidation places worth it? If so suggestions?Is it worth getting a loan to pay off the credit card debt?Any other options besides trying to focus on paying off one card at a time when we have spare funds?Thanks  <response>: Both of us combined bring in around 45-50K yearlyAm I reading this right? Your debt to income ratio is through the roof, nearly a factor of 2.5 times your combined income. I would highly consider bankruptcy at this point which will not discharge the student loans by the way, look into PSLF for that piece of the puzzle 