How does that work cause if my settlements end up in a judge emtn that might be my only option can't afford for ym account to be seized or can't feed my kids or pay the few bills I pay now that would just be making a bigger problem.

The one they consolidate and you can make payments.
A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. If the debtor's current monthly income is less than the applicable state median, the plan will be for three years unless the court approves a longer period "for cause." (1) If the debtor's current monthly income is greater than the applicable state media


Chapter 7 they let you keep some of your stuff and not other stuff. They have it broke down in dollar amounts according to house, car, and other items. Chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in chapter 13. Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors. In addition, the Bankruptcy Code will allow the debtor to keep certain "exempt" property; but a trustee will liquidate the debtor's remaining assets. Accordingly, potential debtors should realize that the filing of a petition under chapter 7 may result in the loss of property.

Chapter 7 - Bankruptcy Basics (http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter7.html)