Chapter 7 is the more common form of bankruptcy, but Chapter 13 may be a better option for you if:
1. You make too much money to qualify for Chapter 7.
2. You have a mortgage, but want to keep the house while filing bankruptcy.
3. You have a car loan, and want to keep the car while filing bankruptcy.
4. You have co-debtors (like a spouse) that also owes the money.
5. You have already filed Chapter 7 or 13 in the past 8 years.