I am in California. I am behind in credit card payments. I am also transitioning from working to self employment/retirement. I have heard that self employed people do not have good credit right off. Is there any real reason that I should worry about my rating at this point? If I want to travel I can use a secured Visa, for one example I talked to a broker, he said that a BK might harm my ability to get licensed but not a credit problem. I am expecting to make a lot more $ in the new career and not really need to borrow. I do intend to pay all the creditors but I am wondering what the value of future credit rating is, I need to know that for the negotiations.