Wait, and think before you file bankruptcy. Filing for Bankruptcy is not an easy task. It requires a lot of documentation, planning and legal expertise, which are not possible for an individual to handle. Whether you are filing for Chapter 7 Bankruptcy or for the Chapter 13 Bankruptcy, it is very important that you have righteous guidance of a Bankruptcy Attorney or specialist. However, there are some debt management companies offering free bankruptcy services and guide on how to file for Chapter 13 Bankruptcy or Chapter 7 Bankruptcy.Before understanding the Bankruptcy filing processes, it is very important to understand the Chapter 13 and Chapter 7 Bankruptcy rules.Chapter 7 Bankruptcy RulesUnder this Bankruptcy, most of the unsecured debt dues are eliminated completely.The debtor has to surrender almost everything that he has except Hose hold furniture and clothing.The debtor has to make the earliest ppi reclaims repayment of the pending dues within few months of time.The creditor can only stop contacting after you file bankruptcy under Chapter 7, or you have repaid the entire debt amount.If, the debtor has gone through the Credit Counseling sessions he can file for Chapter 7 Bankruptcy.Chapter 13 Bankruptcy RulesUnder this Bankruptcy, after making repayment of the past dues over the certain time window, the debtor can retain back his property.The debtor is given some exemption, wherein he can keep his mortgaged home and car.The debtor has enough time of three to five years to repay the debt amount.The debtor is asked to contact the Bankruptcy trustee or attorney to make payments every month. Only the trustee can distribute the money among the creditors.If, the debtor has the pending dues or debt of less than $3,36,900 as unsecured and less than $1,010,650 as secured, only then Chapter 13 Bankruptcy can be filed.