Original sentence: Because forgiveness of debt reduces likelihood of profit and continued survival, the companies are generally willing to offer another deal to the consumers in danger of bankruptcy 1.If a customer files for bankruptcy, the credit card companies are required to forgive the debt.Sometimes the late fees and high annual percentage rates (APRs) overcome consumers who frequently do not pay off their debt, and often the customer declares bankruptcy or uses the "Skip a Payment" option companies such as NextMonthOnline.com offer
Edited sentence: Credit card companies are naturally wary of consumers declaring bankruptcy, as doing so forces forgiveness of debt, thus losing any potential income from the debtor.Hence the credit card companies usually are willing to offer another deal to the consumers they feel have been pushed to the brink of bankruptcy 1.In such cases the only couple of options left for the consumer are to use "Skip a Payment" companies such as NextMonthOnline.Sometimes the late fees and high annual percentage rates (APRs) are too much for consumers to handle.com or declare bankruptcy