Filing Chapter 13 bankruptcy allows you to catch up on your current mortgage arrears as well as pay off your car(s), property taxes the Internal Revenue Service, and other secured debts. By filing chapter 13 bankruptcy, you may also be able to discharge some or all of your credit card debts, medical bills, payday loans, and signature loans, depending on your ability to repay your debts.
The amount of debt you have
The types of debts you have
Whether you want to keep certain assets—your house, car, business, etc.
Your attorney’s advice