Chapter 7 is called a "straight" bankruptcy. It is used to wipe out unsecured debts like repossession and old tax debt...
*0 Down if you qualify. Affordable installment plans for balance after filing.
Chapter 13 is sometimes also called a "debt relief" plan. Chapter 13 is used to stop foreclosures, garnishments and repossessions immediately without a creditor's consent.
*$0 Down if you qualify.
Pay student loans in whole or in part through Chapter 13. There is more outstanding student loan debt today than there is credit card debt, crowding out the ability to borrow for houses and cars.
If your home is worth less than the amount of the first mortgage, it may be possible to "strip" any second mortgage. When this is successful, second mortgages are treated as unsecured debts under the plan.