I wouldn't charge the up the cards remaining balance simply because it can bite you if they can prove reasonable intent then it becomes a form of fraud. Filing bankruptcy is not a crime, fraud is. If they prove fraud then you will be liable for all debts discharged, their attorney's fees, and some amount of interest. This will come in the form of a judgment that will garnish your paycheck directly, and you will have a felony on your record.
Aside from that feel free to file ... it is your legal right as an American. The bankruptcy will be on your record for 7 years (believe this is correct timeframe, but don't quote me). The only impact a bankruptcy has is that you will not be able to get a store backed credit card (Sears, Bestbuy, Home Depot). I have found this to be the only effects of my filing.
I personally filed chapter 7 a few years ago, and my parents also filed 4 years ago. I have seen what happens first hand in two separate instances. If you are looking for more information on the process/aftermath I can post real examples and some not widely known tips on how to make the process less damaging … let me know.
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