Do you think that most landlords, utility companies, mortgage?
Nope. Landlords have bills to pay, and need the rent money. All the other companies do not care if you cannot pay. They will shut off your utilities, take back the car, and foreclose on the house. No company is going to take a worthless IOU. And, in the off chance the landlord can wait on the rent, or the utilities wait on their money, they are, most certainly going to add on late charges.