For weeks or months, you may have been trying to decide what to do about your outstanding debt. At first, you may have given yourself time to get your affairs in order without taking any drastic measures, but now, your creditors are taking action against you. You may even face wage garnishment or a lawsuit seeking payment.
This type of predicament is understandably stressful. As you explore your options for effectively handling your situation, you may be seriously considering filing for bankruptcy. This debt relief avenue can have many benefits for qualifying parties, and in particular, an automatic stay may help you with creditor actions.