Your debt load is made up of three factors. The big one: your income-- your ability to bear debt. The next condition is how much debt you have. The discounted factor that you cannot discount: your current credit limit. For example: if you owe $300 on a card and the limit is $2000, you are in debt for the small amount, but the large amount-- the $2000-- is your problem. Often the debt problem isn't your debt: it's your interest. By paying off 5% of your maximum limit every month, you should be out of debt in two years.
