<prompt> Human: We live in Ontario, Canada. He has 0 knowledge of finances and have dug himself a deep hole in debt. Over the past few years he has been accumulating more and more interest on his credit card. He is 37 years old. He makes minimum wage and 2 job. Has 3 young daughters all under the age of 10. Should he declare bankruptcy? Should he call his bank and try to negotiate? Any advice will help.  <response>: Making minimum wage with 50,000 in credit card debt and a mortgage means he is living WAY beyond his means. Even declaring bankruptcy will require a huge lifestyle change to get back on track. I dont think under the best circumstances could someone pay off that much making minimum wage unless their expenses are minimal. Are there opportunities for a higher paying job? 