Confused about the right step – Please help

I have a balance transfer credit card with 0% interest rate. The time limit is 12 months. The credit limit is $4000. I have some other credit cards too.

Discover - $1451 (10% interest rate)
Amex - $2005 (11.5% interest rate)
BofA - $654 (14.7% interest rate)
Citi - $845 (20% interest rate)

I wish to pay off debts on my own. However, do you think that it will be more logical to file bankruptcy instead? Should I go for another balance transfer card or debt relief programs?

2 Answers

If I can't go for bankruptcy or debt relief programs, then what should I do? 


Is it logical to spend $2000 to file bankruptcy on $5000 worth of debt? Most debt relief companies require at least $10k in debt.  Either way you would be kissing your 0% card good bye.  You do the math.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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