You and a friend have been talking over coffee, and he has been telling you that he is feeling overwhelmed lately. When you ask why, he goes on to tell you that he had a phone call from him mother back home. His father has cancer and to treat the cancer in that country patients need to pay for their health care. He had been working but had not saved up the money that his mother was looking for. He opened up a number of credit cards and started to do cash advances and sent money home. Things were going alright and he had thought he had the situation under control. He figured he could cash advance off one card to cover the others minimum payment, but that's where he got into trouble. Eventually he there was no room left in the credit cards limits. He's getting phone calls from the credit card companies demanding payment. To top things off his mother phone to tell him that his father passed away. His life is falling apart and he's worried that he will go to jail as he has no idea of how to repay the debt! Knowing what you have learnt from this course, explain to your friend the options that exsit for him, Be sure to highlight the differences difference between Bankruptcy, Consumer Proposal and Orderly Payment of Debts.Provide two differences for each and finally recommend the one you think would be a better option for your friend. (7 marks)