# Balance

**IRI:** https://folio.openlegalstandard.org/R9sokcA9oHRbgtRmCOsUCY2

## Labels

## Definition

In the context of bankruptcy, "balance" refers to the remaining amount of money or assets that a debtor has after discharging their financial obligations. This term can also relate to the outstanding amount owed by the debtor to the creditors after bankruptcy proceedings.

## Sub Class Of

- https://folio.openlegalstandard.org/ROYaKdqmAn8EdjV8wNsXdc

## See Also

- https://folio.openlegalstandard.org/R72crwrxwInhpgjYhTaYlmY
- https://folio.openlegalstandard.org/R8g9E8c4U6pZQefIjUNRuDd

**Deprecated:** False