Waiting Too Long: It is human nature to put off unpleasant events. Wage garnishment, foreclosure and repossession can all be stopped by filing your case beforehand.
Getting a Second Mortgage Instead of Filing Bankruptcy: Many clients put off the inevitable by getting a second mortgage to pay off debt and then end up losing their home when they cannot afford the mortgage payments, or filing bankruptcy and being burdened by the second mortgage.
clipped from: www.chicagochapter7attorney.com