Can your bankruptcy House & file on credit card hold?

Consumers who suffered a setback as the loss of employment, illness or reduced income have may have difficulty meeting their monthly obligations. Filing for bankruptcy can help eliminate financial woes and a fresh start. DebtThere types are two ways to secure debt - unsecured and (the warranty). Home, car and boat loans are examples for secured debt. Unsecured debt include credit cards and medicine bills.Chapter 7Chapter 7 bankruptcy unsecured debts and gives the consumer a fresh, free debt start.Chapter chapter 13 is also called a "bankruptcy of the employee." Instead of delete any debt, the consumer pays a creditor the percentage which is due and the rest is dismissed.ReaffirmationAccording United States Bankruptcy Court, all debts must be included in your bankruptcy. You can confirm your mortgage and continue to live in your home. Includes the signature of a contract with your lender and your loan.Credit ConsequencesFiling bankruptcy last resort for most people, it because it is a negative impact on your credit score and public folders on your report remains up to 10 years pay.