Q: I am unemployed, behind in my mortgage and credit card debts. I want to keep my house. Is chapter 7 to way to go?
A:
Can you get current in 30 days n your mortgage?
Further, do you make less than the means test amount? I assume you do because you are unemployed but a chapter 7 will not let you keep your house. If you have no means to get current the mortgage lender will either seek to lift the automatic stay or wait till your bankruptcy is done and foreclose.
Chapter 7 will help with the medical and credit card debts. Chapter 13 will allow you to get current on the mortgage but you will have to have a steady income stream in order to make the payments under the chapter 13.
I would bail on the credit card and medical debt for now and focus on saving the home if possible. Bankruptcy may or may not be part of the solution but there is no reason to rush out and file unless you have been sued.
Lots of attorneys give free bankruptcy consults. I would get one and educate yourself about each type and what would be best for you in your circumstances and you will need to find out what each will cost.
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