I didn't like the situation. I have a good paying job and ran up the credit card but was paying it on time. Then I lost my job. I also had a protection plan in place with them that if I lost my job they would freeze the account until I got another job. When I called and told them I lost my job, they refused. They locked the account and doubled the interest rate, penalized me for being late and going over the limit. If the payment was $100, it became $170. They also told me I would have to apply for the protection plan(even though I'd been paying for it for 2 years). When the application came it requested that I get a hand signature of my last 5 bosses(which was impossible since some of the companies I worked for totally dissolved).
A year later I was still living off my parents handouts to keep the house and car. I tried a comission based job that promised a good salary but it just sucked more money out of me(gas money). By this time the Credit company double the amount on the card(around $8,000). When I finally got a good job and could stop living off of soup and mac&cheese they had the debt at nearly $20,000. A few years later they claimed I owed $60,000. This was all off of about $4,000
Originally, I wanted to file bankruptcy. But zero money in equals zero money out. I then got married and urged caution to the wife about this. A few more years passed before the 'seized' our account. I went ahead a filed bankruptcy at this point.
I did feel bad over this at first, I knew it was money I owed...but they had fault in this as well.