James made a consumer proposal (Division II) to his creditors. He wanted a reduction and extension of time for the payment of his debts. A formal meeting was not requested by any of the creditors. As a result B) the approval must be obtained from the court. E) an informal meeting of creditors must be held. C) the proposal is deemed to have been accepted. A) the administrator must run a public notice in the newspaper. D) James must meet the provisions of all Division I rules.