Originally posted by Chris Hightower:
As long as you're making payments, what's the big deal? Living at home and eating SPAM should allow for extra money to pay down the debts. Lay off the $1000 set of speakers and you'll be alright. Ebay helps, too. 
That's what I was thinking.. $1000 car alarm, $1000 speakers, and $1000 head unit. Sell that crap, trade in your SVT on a 1986 Hyundai Excel, and you've got nearly $15K to put towards your cards. And they can't take away that Hyundai of yours!
Bankrupcy might seem like the easy out, but for the next 7 years of your life, it'll be tough to get any line of credit..
