The first question you need to ask yourself is if you can continue to maintain your house while still digging yourself out of debt. Can you afford mortgage payments? Taxes? Maintenance costs? Utility bills? How about paying all those bills while working to pay off your debt? If your house is getting you deeper into debt, or inhibiting your ability to get out of debt, then perhaps your home isn’t the freedom you once thought it was. Chances are your property has increased in value since you purchased it (it tends to do that) and chances are that the money you make from the sale of your property will leave you with enough money to pay off your debt and then some. At the end of the day, this is a personal decision, but if you do the research you’ll find through the testimonies of others that being debt free is much more empowering than owning a home, especially if you don’t truly own the home. Stop drowning in debt, free yourself and start fresh.