A Virginia Order Approving Disclosure Statement and Fixing Hearing on Confirmation and Times for Filing Objections to Confirmation and Acceptances and Rejections of Plan is an order issued by a court in the state of Virginia. It is typically issued in response to a bankruptcy petition filed by a debtor, and it outlines the process and timeline for filing and addressing objections to the bankruptcy petition. Specifically, it approves the disclosure statement that the debtor must file with the court, sets a hearing date and time for the confirmation of the petition, and sets deadlines for filing objections and acceptances and rejections of the petition. Depending on the specifics of the case, there are two main types of Virginia Order Approving Disclosure Statement and Fixing Hearing on Confirmation and Times for Filing Objections to Confirmation and Acceptances and Rejections of Plan: 1. Chapter 11 Order: This type of order is used in cases of reorganization, where a debtor seeks to restructure their debt obligations. It outlines the process and timeline for filing objections and acceptances and rejections of the reorganization plan. 2. Chapter 13 Order: This type of order is used in cases of liquidation, where a debtor seeks to liquidate their assets in order to pay off their creditors. It outlines the process and timeline for filing objections and acceptances and rejections of the liquidation plan.