Sounds like he might be hitting BOTTOM. If nothing else he has hit the bottom of the credit card.

A friend of mine and I were talking about "hitting bottom" today at work. When is the bottom? I thought bottom would be when we had to declare bankruptcy...but now I'm told that that isn't bottom. I know there isn't a firm answer on that but I just keep hoping...we've hit bottom.

I'm sorry his credit card has run out...but I'm sort of glad that he's running into some brick walls.