This has to be the most insane answer to credit card debt I've ever heard of. With today's economy in such horrible shape, only the truly ignorant (or well off) would allow themselves to use credit cards for anything less than survival. Let's face it America if you've gotten yourself so far into debt that your phone lines are burning up with collector's calls, either take the deals or bite the bullet. Society has made us believe that filing for Bankruptcy is just about the worst thing one can do, or is it? Pledging securities ie: your home, to a greedy corporation sounds alot worse to me.