Chapter 7 bankruptcy enables you to discharge certain debts, including medical bills, personal loans, and credit cards. If you wish to keep your home or your car you will need to continue to make your mortgage and/or car payments.

Chapter 13 bankruptcy allows you to avert foreclosure by extending the delinquent mortgage payments over the life of the Chapter 13 repayment plan. It also allows you to cure other delinquent secured debts, such as an automobile loan.

To find out which form of bankruptcy is right for you contact Buffalo NY bankruptcy attorney Thomas Denny.