WHAT CAN I EXPECT TO HAPPEN AT MY SECTION 341 CREDITORS’ MEETING?

creditors-meeting
There is rarely one, let alone several, creditors at a section 341 creditors’ meeting.

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 tzink@mccarthyfingar.com.

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