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Chapter 13 protects you while you catch up on or pay off important debts.

Chapter 7 gives you a fresh financial start by legally erasing most of your debts. That’s great if your debts are simple ones.

If you owe income tax for 2015 (or 2013 or 2014), pay it by simply paying less to your other creditors.

If you owe income taxes for 2015, pay all or part of it through an asset you don’t need.

Reduce the risk that a creditor will prevent you from discharging some of its debt by smart timing of your bankruptcy.

When you are deciding whether to go into a Chapter 13 payment plan, it’s good to know you have Chapter 7 as a backup.

An advantage of filing a Chapter 13 case is that you can get out of it if your situation changes. But you must consider the consequences.

It’s good to know in advance that you can usually get out of an ongoing Chapter 13 bankruptcy case by simply asking to do so.

Once you file a Chapter 7 bankruptcy case, you can’t necessarily get out of it. So it’s all the more important to make a good decision.

If necessary you can usually change your Chapter 7 “straight bankruptcy” case into a Chapter 13 “adjustment of debts” one.