Lodging a Declaration of Intention to Present a Debtors Petition

Multiple Choice

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.