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What is an "order confirming plan"?

It is an order signed by a judge approving the plan of reorganization. In chapter 11 cases, following the filing of the disclosure statement and plan of reorganization and notice to all creditors and interested parties, a hearing is held before the bankruptcy judge to consider the plan. If the plan is approved, an order is signed by the judge. The order forms a basis for the treatment of creditors’ claims, as set forth in the plan of reorganization. An order confirming plan is also issued in chapter 12 and chapter 13 cases after the plan has been approved by the bankruptcy judge.
 
 
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