order for relief
- order for relief
The actual court order determining that a debtor is subject to the control of the bankruptcy court.In a voluntary case, the order for relief is automatic upon the filing of the petition. In a contested involuntary case, the order for relief is entered only after the court is satisfied that the debtor should be in a bankruptcy proceeding.also see petition (Bernstein's Dictionary of Bankruptcy Terminology)An order issued by the court following the filing of a Chapter 11 petition. (BankruptcyAction.com)
United Glossary of Bankruptcy Terms 2012.
- order for relief
The actual court order determining that a debtor is subject to the control of the bankruptcy court.
In a voluntary case, the order for relief is automatic upon the filing of the petition. In a contested involuntary case, the order for relief is entered only after the court is satisfied that the debtor should be in a bankruptcy proceeding.
also see Petition
US Bankruptcy 2012.
Glossary of Bankruptcy.
Look at other dictionaries:
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