There is financial process by which payday phone greatly reduce mte eliminate the debt your are paying, including credit card debt, by using debt settlement loans and programs. It seems people saddled with so much debt have very little option then. Nowadays it seems that getting into debt is much number than getting out of debt. Debt consolidation loans are great ways to get your head back above water. If you have been looking for a solution to your credit card debt and bankruptcy is the only answer you have come up with, there are other options. This will help reduce the amount of monthly payments that have to be paid. After some time, you will just be surprised with how much progress you have made in handling your debts. Consultation: Utilize your options to find a good lawyer. It took 3 weeks and several calls and e-mails to get a call back from MLG Law group CA, just to have them say, Chase said they will not settle, they want 2200 right away to stop proceedings, if you cant do that send us 685 a month the 365 a month which I would probably never see or would never go towards paying Chase and we will get them to make payments but you will be paying back in full plus interest or you can get out of the program and take care of it your self paying them directly. This will teach you if debt consolidation is the best method for you to consolidate your debts. Your creditors have the right to refuse settlements and take you to court. Check out this QA for some answers on how to deal with creditors so that you are not harassed and so you can get out of debt, not further into it.