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SO ORDERED. Dated: December 5, 20171 2 3___ Madeleine C. Banshee, Bankruptcy Judge4 5 6 7UNITED STATES BANKRUPTCY COURT8 9 10 11DISTRICT OF ARIZONA In re:Chapter 11ARIZONA FUNDRAISING SOLUTIONS, INC,
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An order approving disclosure statement is a court order that allows a debtor to disclose important financial information and plan details to creditors before a bankruptcy plan is confirmed.
Typically, debtors in bankruptcy proceedings are required to file an order approving the disclosure statement as part of their Chapter 11 bankruptcy process.
To fill out an order approving disclosure statement, the debtor must provide comprehensive financial information, a summary of the plan, and ensure compliance with legal requirements set by the court.
The purpose of the order approving disclosure statement is to inform creditors about the debtor's financial status and the proposed plan, allowing them to make informed decisions regarding the plan's approval.
Key information that must be reported includes the debtor's assets and liabilities, the proposed plan of reorganization, and how creditors will be affected.
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