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What is really surprising is that only 1 of 100 people who should file bankruptcy, actually do!
Example: You get a foreclosure notice. Instead of filng Chapter 7 or Chapter 13, to get rid of credit cards and other debt, so you can afford your mortgage, you just keep on paying your credit cards, and worse yet, abandon your home.
Another example: You get sued by a creditor for $3,000 money you owe, for an uninsured accident, or credit cards, or medical bills. Instead of taking care of it and either eliminating it in Chapter 7, or getting a low payment you can afford for all bills in Chapter 13, you do nothing, your drivers' license gets suspended, your checking account is subject to garnishment, and so are your wages.
Both are sad. Creditors are so so happy when you do nothing.