Getting sued by a creditor is a wake-up call to consider filing bankruptcy. If it’s the right thing to do, there are advantages to filing before your deadline to respond to the lawsuit.
If you want to hold onto your vehicle, or other collateral, Chapter 13 makes it happen.
Bankruptcy court is a relatively efficient place to determine whether or not you must pay a debt which the creditor says can’t be discharged.
The point of filing bankruptcy is to get relief from your debts. So, when and how DO those debts get “discharged”–legally written off–in a regular Chapter 7 bankruptcy?