Ch 13 vs Ch 7

[soontofile]

Two quick questions

1) After discharge do creditors look at 13 or 7 differently when extending credit

2) I would like to file 7 and my mtg company has said over the phone they would not try to take house b/c value is less than what I owe but an attorney told me they could change their mind anytime - anyone ever heard of that?

[HHM]

(1) Its hard to say, generally a 13 is somewhat more favorable, but there is no set forumula.

(2) If you stop making payments on the house, they have no choice but to foreclose. If your current on your mortgage, and continue making payments, then they can't take your house no matter what it is worth.