Originally Posted by Ron Bennett

Many folks will be shocked to learn the power the card companies will soon have under the new bankrupcy law - millions of folks will be trapped and will lose most everything; from an ethical standpoint, your friend shouldn't take advantage, but on the other-hand, the credit card companies, collectively, are scum (changing rates any time, legal usury [some have rates upwards of 40%! - there's no limit and they could make it 1000% anytime!], forced arbitration/one-sided legal agreements, etc) - he'd likely do better to put more effort into earning money than trying to rip off the credit card companies, but anyways I certainly can't blame him if that's the path he chooses.

Ron