When should I consider filing a Chapter 13? Consider filing a Chapter 13 if: 1. Is your home is being foreclosed? 2. Have you received a notice from your mortgage company that they intend foreclosure at any time in     the future? 3. Are you in a severe financial difficulty and have tried, but cannot work other arrangements with your     creditors? 4. Is your income otherwise good, yet, you are not making ends meet so that you can pay creditors full     payment, each month? 5. Is your income deficient so that the Income to pay debts is less than 100% of the debts you owe and     you would like to make interest-free payments to unsecured creditors? 6. Are you possessing an honest desire to not "run away from" your creditors, but are not in a financial     position to pay all the debt? 7. At some other time, had you already been in a Chapter 13 and the case was dismissed for almost     any reason so that refilling is usually possible. You should be aware that payments to mortgage     creditors generally couldn’t be reduced or modified?