bankruptcy surrender home

Should I keep my house or have it discharged through bankruptcy?
I am married with two very young kids. We can afford the house but there will be no extra money left for us every month. We wont be able to save any either. But we want to keep the house with the hope that later the Obama-home loan modif thing will happen. Also, we are filing for bankruptcy either way and we aren’t sure whether we should surrender the house or not as well. Please help…
Where would you live with your two small children if you surrender it? And how would you get anywhere else decent to live if you file bankruptcy or surrender the house? I say try to work out a way to keep it.



