I was listening to one of the talk-radio stations the other day, and the discussion was all about surviving this financial crisis - getting through the recession. Listeners called in and spoke about how they were "upside down" in their mortgages, and how they had credit card debt they couldn't pay.
The experts on the radio advised callers to seek help directly from the mortgage and credit card companies. "These companies don't want you to file bankruptcy - they will work with you to lower your rates and get you through the crisis".
Interesting. In the mail that same day I received a letter from one of those caring credit companies. "These tough economic times have forced us to raise the interest rate on your account".
What a joke!