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Maybe I'm not getting the entire picture, but it looks to me like a 2nd mortgage would erase the CC/ Student Loan debts and the loan would be repaid at a lower interest than the CC's and at a better pace. Your house has a decent equity. Why BK? Why not either a 2nd mortgage or a 2nd job?

Also, yes, under Ch. 11, the house and other stuff (like the piano) would go away. with Ch. 13 you keep the stuff and repay the debt over 7 years.

The CC's do not take away stuff unless bought 90 days prior to the BK and can be resold. a TV and Video Camera could be repo'ed only if bought under that period of time.
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