keep home, sell it, what to do?

[Ortgeist]

We originally decided to keep our home when we filed for Ch 13 in August. Our plan was confirmed in November. So now that we've been paying in the plan for 3 1/2 months, I'm trying to decide if it's better for me to keep the house or not.
It's more than 100 ys old with a stone foundation and a garage roof that needs replacement. The stone foundation is worrying me. I've repaired it, but for as much as I'm paying for my home I would like to use the basement as additional living space. But I would probably need to install a perimeter drain and sump pump in order to waterproof it for living standards. All of which costs about $7000.
So now I'm wondering if it's a better idea to surrender it, sell it, or what? Has anyone been in this situation?
The house was appraised in '05 at $140, 000 and currently our loan is $125, 000.
Any input or suggestions are greatly appreciated!!!!

[isitreal]

You have to have some place to live. You must realize that you are going to be looking at a tough road to hoe if you try and get something else. Purchasing is a problem while in BK, renting would be tough as some landlords do credit checking.

[AboutToBK13]

I agree with isitreal. You have a place to live that you can potentially afford while in CH 13. I would sit tight and ride it out for awhile before jumping ship.

Maybe wait until the housing market has turned around and then once additional equity builds in the house, use it to buy your way out of CH 13 then go house hunting. Just my 2 cents.