Credit care: Use pre-bankruptcy counseling, required by law, to sort...

Credit care: Use pre-bankruptcy counseling, required by law, to sort options
Arizona Daily Star
A: Bankruptcy is certainly an option if you truly can't pay your credit cards. However, because the laws changed in 2005, you may not qualify for a Chapter 7 filing, in which your credit-card debt would be eliminated in full. Unless your income is less ...