With personal bankruptcy rates growing, Visa International convened a roundtable on the issue Wednesday in San Francisco .

The 16 people who attended the Visa Consumer Bankruptcy Exchange included bankruptcy lawyers, judges, creditors, professors, trustees, and vendors. The overlying theme was that debtors are too quick to file for bankruptcy, and when they do, credit card accounts are among the first written off.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.