A Rule of Thumb about Chapter 7 vs. Chapter 13
If you qualify for both Chapter 7 and 13, look closely at how much you’d be helped by Chapter 13 before choosing Chapter 7 merely because it’s simpler.
chapter 7
The Most Important Choice in Bankruptcy
Chapter 13 costs much more than Chapter 7, takes about 10 times as long, so you do a Chapter 7 if possible, right?
The Chapter 13 Debt Limits
Too much debt can disqualify you from filing under Chapter 13.
How to File a Chapter 7 “Straight Bankruptcy” Even If You Make More than the “Median Family Income”
The amount of your income may not disqualify you from Chapter 7.