How much can a consolidation loan reduce your debt and how to do it without damage to credit?

Here it the thing. I just recently went back to work after having our second. We both are in the high income bracket. My husband and myself. For most of my pregnancy I did not work. We were fine until recently a family member got into an accident and it financially hurt us, it hit our savings hard. We still have a good deal of savings but we want to take some measures before it becomes a problem. We have a mortgage that is higher than most. We have a car note that will be done in a year. The car note for our son’s car just got started. I also have substantial credit card debt. We were debating whether we should consolidate or deplete our savings and pay off two of them and start to rebuild our savings. Any suggestions?

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