A frequently asked question is whether it's better to file Chapter 7 or 13 as an individual. Generally, filing Chapter 7 is more affordable and can be a quicker way to get out of debt. It's a good option if you have an income that is below the "means threshold," you own little or no property, you have mostly unsecured debt such as personal loans, credit card debt or medical bills, and you cannot commit to a debt payment plan over the next 3-5 years. Certain debts cannot be forgiven when one files for Chapter 7, such as student loans, owed income taxes or any court-ordered domestic support responsibilities (spousal/child support). If these are a factor, Chapter 13 may be your best option. That route is also best if you own a home or property you want to save from foreclosure. Chapter 13 bankruptcy could be the only option if your income is too high for Chapter 7 and you can afford to pay off some of your debt. A knowledgeable Atlanta bankruptcy attorney at Gerber & Holder can help guide you in this important decision.