Rhea's voluntary petition for bankruptcy is found to be proper. The order for relief is effective as soon as

Question

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The order for relief in a bankruptcy case becomes effective as soon as the debtor files a proper voluntary petition. The filing of the petition starts an automatic stay, which stops most collection actions by creditors against the debtor and the debtor's property. Posting a bond or the creditors agreeing to the terms or the trustee collecting and distributing the property of the estate may happen later in the bankruptcy process but do not affect the effectiveness of the order for relief.

Rhea's Voluntary Petition for Bankruptcy Is Found to Be Proper