Order for Relief | Practical Law

Order for Relief | Practical Law

Order for Relief

Order for Relief

Practical Law Glossary Item 4-383-2436 (Approx. 2 pages)

Glossary

Order for Relief

The determination that a person or entity is a debtor under the Bankruptcy Code. In a voluntary bankruptcy case, the filing of the bankruptcy petition constitutes an order for relief (§ 301(b), Bankruptcy Code). In an involuntary bankruptcy case, the court must enter an order for relief (§ 303(h), Bankruptcy Code).