Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Filing Bankruptcy Chapter 7 and 13? - When filing Bankruptcy Chapter 7 do they go by your Gross or Net? Also were thinking about filing Chapter 13 but I heard I will probably owe more monthly filing 13 repayment plan. Which right now we pay well over $600 a month, and we can't make it. So I guess what are my chances of having a lower payment for filing Chapter 13? The reason we want to file Chapter 13 and not 7 is because our 2nd Mortage wrote off our loan and sent us to collection for $42,000.00 and if we go with 13 it will get rid of that. I would rather do Chapter 7, but I don't know if we make too much money.... -