Hi I was looking into fileing bankruptcy. I checked out chapter 7 and 13. Most everything says that you can keep your home and get the interest rate and monthly payment lowered. Well what if I wanted to file bankruptcy and not keep my house. How would that work? I live in Alabama. My biggest problem is that my mortgage payment is way too high and so far I'm 2 months behind with a 3rd payment due March 1st. I'm trying to weigh all of my options.