Bankruptcy and Credit Card Debt
Credit card debt is, of course, the most pervasive debt in the United States. Credit card companies provide for absolutely horrendous interest rates that they can raise and lower at their will.
A bankruptcy can stop all calls, stop all lawsuits and erase credit card debt. This is the only way to get rid of credit card debt unless the credit card company is going to settle and take a payment for less than what is actually owed.