Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or cash advances made shortly before filing may be nondischargeable. Additionally, debts incurred by intentional misrepresentation or fraud are excluded from discharge.

With high levels of credit card debt and high inflation, many consumers have found themselves unable to cover monthly payments, leading some to default.

On this week's episode of On the Money, Brandon Kamerman sits down with OnPoint Community Credit to learn more about streamlining credit card debt and how it ca