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.
As long as the OP is in the picture, I don't think they hit bottom. Just my opinion.