with loan modifications for mortgages and/or HELOCs that I could PM and ask a general type question? Also, I called the CC company. This guy told me they could reduce my rate and keep this from being written off as bad debt. He told me what they would reduce it to and then it would be paid off in five years. (Let's call that amount "A".) Now, according to this guy who answers finacial questions on CNN, the amount should be negotiable based on what a person can pay, because otherwise the CC company can end up with nothing but this isn't what this CC company is saying. Does anyone know anything about how to get them to settle for even less because I won't be able to even afford amount A. And as far as bankruptcy, if I file will there be some amount that I have to pay monthly to repay the CC company that is determined by someone else? My concern here is that I have always kept my total debt payments less per month than what the banks said was a maximum (that 30% of income or whatever) because I know it doesn't leave me enough to be a single parent on otherwise. I don't want to commit to (or back myself in a corner) having 40% of my pay going to monthly debts and not having enough left for living expenses.