When you are planning for bankruptcy, you must take into account your goals in terms of your finances and assets, which can help determine the type of bankruptcy that you should file. For instance, if your goal is to retain your primary place of residence, you will need to consider how to best do so in the context of bankruptcy proceedings. In this case, if you are already delinquent on your mortgage loan, your only means of curing your delinquency and resuming your regular monthly mortgage payments may be to file Chapter 13 bankruptcy, if refinancing your loan or getting a loan modification is not available to you. Other things to consider when planning for bankruptcy may include protecting assets by converting them from non-exempt to exempt property and reaffirming debts to retain them throughout the bankruptcy proceedings.