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Arizona Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof

State:
Arizona
Control #:
AZ-DC-171
Format:
PDF
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Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof

The Arizona Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof, is a court order issued by the Arizona Bankruptcy Court. This order provides a process and timeline for creditors to accept or reject a proposed plan of reorganization or liquidation, and sets the stage for the creditors' vote on the plan. This order is typically used in Chapter 11 and Chapter 7 bankruptcies. The Arizona Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof, can come in two forms: an interim order or a final order. The interim order is issued by the court after the debtor’s disclosure statement has been approved by the court, and sets out the time period, procedures, and requirements for creditors to accept or reject the plan. The final order is issued after the creditors have voted on the plan, and sets out the final terms of the plan. The Arizona Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof, is an important document that must be included in the bankruptcy process. It ensures that creditors are given sufficient time and information to consider and vote on the proposed plan of reorganization or liquidation, and sets out the terms that must be met by the debtor for the plan to be approved.

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Arizona Order Approving Disclosure Statement and Fixing Time for Filing Acceptances or Rejections of Plan, Combined with Notice Thereof