When a credit card company writes off a balance as a bad debt - is bankrupcty still an option
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You can still file bankruptcy on a charged-off debt. Any statement otherwise violates federal law and can put money in your pocket. A charge-off is a creditor’s accounting entry for the IRS to recover on a bad debt loss. It does not affect your obligation to pay. In fact, only a bankruptcy can change your obligation (or, rarely, a successful negotiation or litigation, or a statute of limitations bar).
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