Bankruptcy and foreclosure sometimes go hand-in-hand in Illinois, seeing as how both could stem from a financial crisis. This can be caused by many different things, from an accident that brought about high medical bills to the loss of a job. Either way, the amount of money you have at your disposal is diminished, so it gets harder to make ends meet. This could mean that you miss enough payments on your home that the bank tries to reclaim it.
This is a process that is stressful and emotionally trying. If you are going through it, make sure that you take the time to know what legal options you have and what your rights look like. Do not simply assume that there is nothing that you can do without a windfall of extra money.