The filing of either a voluntary petition or an unchallenged involuntary petition constitutes a(n)________.
A)prayer for relief
B)discharge
C)order for relief
D)composition

Question

Quizplus · Accepted Answer

The filing of either a voluntary petition or an unchallenged involuntary petition constitutes an order for relief. This means that the court has granted the debtor protection under bankruptcy laws and creditors must stop collection efforts. A prayer for relief is a request for certain relief in a pleading, a discharge is the release of the debtor from liability for certain debts, and a composition is an agreement between the debtor and creditors to pay a percentage of the debt owed. None of these terms accurately describe the act of filing a petition for bankruptcy.

The Filing of Either a Voluntary Petition or an Unchallenged