<prompt> Human: Im not sure if this is the right sub-reddit, and I dont know too much about credit, which is about to be evident, but heres the deal:I have a BoA credit card with like 6,000 left on it. I have head stories that you can call credit card companies saying that you dont have any money to pay them and will have to declare bankruptcy. They then will cut what you owe by like half. Reddit, is this true? If so, would it hurt my credit? It just pains me that I have to keep funding those fuckers.Im terribly sorry for my ignorance.For anyone interested, here the link to the mortgage fraud that Anon is exposing with BoA.EDIT: Grammar  <response>: It will hurt your credit big time. Normally credit card companies wont negotiate on your balance if youve been paying them each month, so youd have to go a couple of months and not pay anything and have it get sent to collections before theyd even consider it.However, its not BoAs fault that you racked up 6,000 on a credit card. It doesnt matter what you think of that company, you need to take resposibilities for your actions. If you cant pay it off, look into transferring your balance to a different credit card. 