Question: An order for relief creates an automatic stay. This automatic stay a. Prohibits creditors from taking action to collect from an insolvent company without court

An order for relief creates an automatic stay. This automatic stay

a. Prohibits creditors from taking action to collect from an insolvent company without court approval.

b. Calls for the immediate distribution of free assets to unsecured creditors.

c. Can be entered only in an involuntary bankruptcy proceeding.

d. Provides an insolvent company with time to file a voluntary bankruptcy petition.

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