Will the creditors work with me?

You have come to the right place.

Who is the card with and what is your balance? Sometimes a credit card company will freeze the card if you call and give them a hard luck story, like medical bills or something. Try not to let this one go over the limit, with late fees and over the limit fees you could get into real trouble. Call them up and give them a hard luck story and see what they will work out with you. Express your interest in keeping the account in good standing, chances are they won't want a card that big going into default. goodluck

In most cases, the credit companies object accepting any payment proposals from the customers. They want to get their money in full and offering any reduction in the payment plan means that they have to compromise on the money they earned in interests. But if they don't do it, there is no other way you can pay them back. So, be prepared that they may not accept in the very first shot. You may have to re-negotiate with them and make a couple of payments in the good faith, just to keep your good work noticed.