Most individual, or consumer, debtors are leery of what might happen at their section 341 creditors’ meeting. But they need not be.
The meeting is mandated by the law in bankruptcy cases and the debtor is required to attend and answer questions. Your attorney, if you have one, will be there with you, as will the trustee appointed in your case. You will all be seated at a table. Creditors are invited to attend, but most, if not all, rarely do attend.
The trustee will ask a series of questions about your bankruptcy case and personal financial situation. You will be answering those questions under oath.
I recently stumbled across a YouTube video that gives you a good idea about what happens at the section 341 meeting. You can watch that video here.
If you’d like to receive more information regarding personal bankruptcy, drop me a line by hitting this link email@example.com.
ATTORNEY ADVERTISING — PAST RESULTS DO NOT GUARANTEE FUTURE OUTCOMES
We are a debt relief agency, we help people file for Bankruptcy under the Bankruptcy Code. This Blog is made available by the lawyer or law firm publisher for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney-client relationship between you and the Blog publisher. The Blog should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.