Not sure where to start? Let's find the right bankruptcy option for you.You know bankruptcy will help you get back on your financial feet. But which chapter type is best? The New Bankruptcy explains the benefits of Chapter 7 and Chapter 13 bankruptcy so you can make an informed choice that addresses your financial needs. For instance, you'll learn that Chapter 7 will: - wipe out credit card balances, utility bills, medical debt, and more- protect property you need to work and live, and- take about four to six months to complete.Chapter 13 bankruptcy works by keeping creditors at bay while you: - catch up on a house or car payment- pay off an overdue tax or support balance, and- pay less on other debt, such as credit cards and student loans.