The filing of either a voluntary petition or an unchallenged involuntary petition constitutes a(n) ________.
A) reaffirmation agreement
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, which triggers the automatic stay and the start of the bankruptcy process. Reaffirmation agreements and discharges are not applicable at this stage, and a composition would require a plan to be approved by the court.

The Filing of Either a Voluntary Petition or an Unchallenged