Lodging a declaration of intention to present a debtors petition is not a good option for a debtor who wants to:
A) Take some time to negotiate with creditors.
B) Have a short cooling off period to consider her options.
C) Stop creditors from taking action to recover a debt for 7 days.
D) Prevent a creditor from proving at a later stage that it is appropriate for the debtor to be made bankrupt.
Correct Answer:
Verified
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B)The
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