New Jersey Order Approving Post-Petition Financing is a court order issued by a bankruptcy court that allows a debtor to access post-petition financing. This type of financing is used to provide the debtor with funds to continue operating a business during the bankruptcy proceedings. The order typically requires the debtor to provide certain assurances that the money will be used to pay creditors and not used for any other purposes. Post-petition financing is available to both Chapter 11 and Chapter 7 debtors. There are two types of New Jersey Order Approving Post-Petition Financing: 1) Interim Financing: This is short-term financing for a debtor to cover expenses while a plan of reorganization is being finalized. 2) Final Financing: This is long-term financing for a debtor to cover expenses after the reorganization plan is approved and implemented.




