Rule 1013 Federal Rules of Bankruptcy Procedure

Rule 1013 of the Federal Rules of Bankruptcy Procedure is about Contested Petition in an Involuntary Case; Default. It is under Part I (Commencement of Case; Proceedings Relating to Petition and Order for Relief) of the Rules.

(a) Hearing and Disposition. When a petition in an involuntary case is contested, the court must:

(1) rule on the issues presented at the earliest practicable time; and

(2) promptly issue an order for relief, dismiss the petition, or issue any other appropriate order.

(b) Default. If the petition is not contested within the time allowed by Rule 1011, the court must issue the order for relief on the next day or as soon as practicable.