Thanks for the great advice so far. We sat down today and discussed a bit of his options. He and his wife are a young couple, who are in their late 20s and renting. So borrowing against their home is not an option, cause they don’t have a home.
Basically, it was just poor decisions and a little mismanagement here and there that really added up over the year.
Anyway, I think they are going to try to avoid the debt consolidation services (this seems like a last resort). Looking thru their budget, there look like they will be able to pay a minimum of $500 to $1200 a month towards the credit card and stick with a very reasonable budget for the other expenses. $1000-1200 is their goal to pay it off, but in months where taxes and car insurance have to be paid, they will obviously be near the $500 mark.
All I can say is that it has made me look twice at accruing any credit card debt. My wife and I accrued a little over the last year and I didn’t pay much attention, but we are quickly going to address this in the next two months and get back to debt free living.