Complex sentence: In 2013, Caulkett filed a bankruptcy petition under Chapter 7; at that time, the amount of the senior mortgage debt was greater than the fair market value of Caulkett's house.
Split into simpler sentences: In 2013, Caulkett filed a bankruptcy petition under Chapter 7. At the time Caulkett filed in Chapter 7, the amount of the senior mortgage debt was greater than the fair market value of Caulkett's house.