As long as your mortgage and car payments are current, you should have no problem reaffirming the debt. Reaffirmation means that you continue making the monthly payments and you can keep the house and cars.
Most unsecured debts can be discharged through Chapter 7 bankruptcy. Some examples of common unsecured debts that can be discharged include credit cards, medical bills, utility bills, payday/check loans, personal loans, and deficiencies from repossessions. It is also possible to get rid of secured debt by filing Chapter 7 bankruptcy. If you no longer wish to make your mortgage or car payments, or if you feel you can no longer afford these payments, you can choose to surrender your house or car and get rid of these debts as well.
Even though most debt can be discharged through a Chapter 7 bankruptcy, there are certain types of debt that cannot be discharged. Some common examples of non-dischargeable debts include recent tax debt, child or spousal support, most student loans, and debt from car accidents where drugs or alcohol were involved.