Chapter 13 will allow you to enter into a guaranteed repayment plan for the debt. Even if the Loan Servicer refused to give you a reinstatement, you would have the option to keep the home. Chapter 7 may not provide all the benefits you are looking for.Now, which bankruptcy should I file for? I heard that Chapter 7 would allow me to stay in the house for 6 months. Chapter 13 bankruptcy would allow me to stay even longer. Is that true?