Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - How does bankruptcy work? - I have over 20k in credit card debt. My husband was permanently disabled recently and I can't pay it all. I have to do bankruptcy but I was told that since I'm a homeowner, I could be denied. I have a mortgage, I don't own it. Selling my house right now wouldn't even pay it off or my 2nd mortgage, much less my credit cards. -