I need some advice

[99'busa]

If you don't need the card you can call them and tell em you are unable to make the payments any more. They will transfer you to a specialist who will ask you some financial questions and close the acct. BUT will give you a rate around 5%

 

[Dino]

Send them $10.00 a month. As long as you are paying something there is nothing they can do except charge you penalties. Just plan on paying the rest of your life, but even if you love another 100 years it is only $12000.00.

As for screwing over a credit card company by delcaring you are bankrupt, who cares. Lets not forget they are owned by banks who received a bailout, and are not charged any interest, yet have no problem charging you 29% interest. Who exactly is screwing who?

 

[CWCobra]

If you owe the debt, you need to pay it. End of story. Forget about bankruptcy.

CW

 

[VF1Skullangel]

I can't speak on personal experience but if I where you id pay an extra $10.00 or so per month to speed up the process. It might not work I will admit that but it beats the hell out of going bankrupt.