No  nor your house neather your car will be taken away. Your intrest rate will go up on  your house and all th credit card, car loan e.t.c, once the bank reviews your account. If not, your intrest rate will stay the same.Filling bankcrupsy will not affect you at all, as far as getting the job. If takes abut 7 years for it to clear from your credit report. What I suggest is to talk with bank you owe the loan to,ask them to lower your intrest rate and work out a payment plan. If you have been making your paymen on time most likely all the finincial instutation will work with you.Filling bank crupsy  should be your last resort.

If you think this is the only way, than so be it. Do not get threaten with the misinfo that is posted by some of our friend.