Question

I am from New Orleans, LA. Due to Hurricane Katrina, in the fall of 2006, I hired a bankruptcy atty, at which time they told me to stop paying on my credit cards (my only debtors - no student loans, no hospital bills). Nine months later, nothing had been done. At that point, I needed the cash back; I recuped only a portion of what I'd paid them. It has now been 3 years since I made payments on these credit cards. My income has been less than $30k since 2005, (last year being under $10k) and I want to know if should (re)proceed with bankruptcy, or let a "charge off" happen in due course, since it has already been 3 years. Please advise. I am prepared to move forward with bankruptcy proceedings, if necessary, but I now have a better job (2009 should be about $30K - next year, the contract runs thru June - so another $25K, but annually, the salary is $50k) and I dont know if that makes bankruptcy a non-option. Thank you.