Can you use the equity in your home to pay off debt? 
Yes you can!  If you are 62 years old or older the best option by far is a reverse mortgage. 
A reverse mortgage is a way to access a portion of the equity in your home without creating a mortgage payment. 
The qualifications of a reverse mortgage are easy.  All you need is: 
Be at least 62 or older
Live in your home
Have equity in your home