Convert his CC debt into term loan, can't go bankrupt if his debt is <30k. Convert now better than wait til the bank take action.

If bank take action they'll start to consficate his asset to pay back his debt or put his name under special attention account and he's still forced to pay his debt in the form of term loan. He won't be able to get any loan from bank in future until he settles this. (Listed in CCRIS as SA, bankers avoid ppl like this).