Which of the following types of petitions in a Chapter 7 bankruptcy constitute an order for relief?

Question

Quizplus · Accepted Answer

An order for relief is issued by the bankruptcy court to initiate a Chapter 7 bankruptcy case. In a voluntary petition, the debtor initiates the case by filing a petition for bankruptcy, which is considered an order for relief. In an involuntary petition, one or more creditors file a petition against the debtor to initiate the case. If the debtor does not challenge the petition, it is considered an unchallenged involuntary petition and triggers an order for relief. Therefore, both voluntary and unchallenged involuntary petitions constitute an order for relief. Challenged involuntary petitions do not constitute an order for relief until the court approves them. Therefore, the correct answer is C.

Which of the Following Types of Petitions in a Chapter