We have about 98K in unsecured cc debt. 21K have legal payment plans in place from where they attempted to sue us. The last payments made were back in dec 2007. Which is when we signed up with credit solutions. Who ripped us off. We now have much higher balances and ruined our credit. We spoke with a lawyer and he recommended BK. I just hate to go there. I can come up with appx 20-25K is this enough to settle my debt? We owe sears card, citi card, chase, bray & lundsford atty, and collectcorp. But then I understand we will have to pay taxes on that savings.