It's funny this is coming up, I spoke for a group yesterday and told them that current credit card and bankruptcy laws are contributing to the foreclosures. Once I explained that credit card companies raise rates for a reason only they can explain, like a drop in FICO...news flash almost everyones FICO has dropped since March due to the new scoring model and the credit card companies are taking advantage of the situation. Also credit card companies use so much force when a payment is past due that people pay the CCC before they pay their mortgage.