There are a lot of ways that you can use debt consolidation to clear up your credit and get out of debt. The most common way to do this is to get a second mortgage on the equity of your home, or a refinance of your home mortgage that also covers your debts. However, this can ultimately cause more debt, and all of it becomes tied to your home. Another common way to use the equity of a home for debt consolidation is an equity release. Basically, you sell the equity of your home, and do not have to repay the money. However, when the home is finally sold, either as a part of your estate or when you move, you will not get that portion of the money of the property sale.

Of course, you do not necessarily want to lose your home when consolidating debt. In fact, most people are looking for debt consolidation solutions because they do not want to lose their home. This is where getting a quick property sale can actually help you. In some cases, you may be able to find a company that will not only buy your home and handle all the details for you, but will also allow you to stay in the home. These selling and then rent back solutions are great, especially if you can get a reasonable rate on the rent after selling your home. Of course, before going through with any property sale, you should get the appropriate government information on buying and selling your home, and make sure that the solution is the right one for you.