The best type of bankruptcy for you depends on your specific financial situation.
If you have a lot of debt and not much income, Chapter 7 bankruptcy might be the best option. With Chapter 7 bankruptcy, most of your debt will be forgiven. However, you will likely have to sell most of your assets and may have to give up some of your income.
If you have a lot of debt but still enough income to make regular payments, Chapter 13 bankruptcy might be a better option. With Chapter 13 bankruptcy, you will enter into a repayment plan that lasts for three or five years. At the end of the repayment plan, any remaining debt will be forgiven.
Ultimately, the best type of bankruptcy for you depends on your unique financial situation. Talk to a bankruptcy lawyer in your area to find out more about which option would be best for you.