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Don't get in so much trouble with your credit cards that you end up going bankrupt - it is a horrible and very stressful time in anyones life!
Thomas Stagg of simmons jannace stagg, just
got a ruling from the US Bankruptcy Court in NY which will clarify a credit card company's duty to consumers. This is very important to the creditors and the debtors - it deals with "discharge violation". They are claims that are asserted by debtors against the creditors after their discharge in bankruptcy.

Until now no one knew where a creditor had to take the necessary steps that follow a debtor's discharge to let the credit reporting agancy know that the pre-petition report of a delinquent account ended in bandruptcy. The court agreed with Simmons, Jannace & Stagg and agreed that § 524 didn't need a credit card company to take added steps to show that an account was discharged in bankruptcy. Finally the decision made it clear that § 524 is not the best "remedy" for such debtors.