Many debtors, or potential debtors wonder if they will have to attend a court hearing. There is at least one hearing that is mandatory for all debtors to attend, which is referred to as the 341... more
Your bankruptcy petition has been filed and you just received the notice saying the 341 Meeting of Creditors is scheduled for a specific date about 30 days from now and the burning question is what... more
Should I be afraid of my Chapter 7 Bankruptcy 341 Meeting of Creditor?
It depends. If your filing was prepared accurately and thoroughly, you probably do not have anything to worry about.Even if... more
Approximately 30 to 45 days after your bankruptcy case is filed, you will need to attend a 341 hearing. There are several reasons for the Section 341 Meeting of Creditors. The first reason for the... more
It is highly unlikely that any creditors will appear at your 341 hearing. Though creditors are given the opportunity to appear and ask questions they rarely do so. Approximately 30 to 45 days after... more
Per the U.S. bankruptcy code everyone who files for personal bankruptcy is required to attend a 341 Meeting of Creditors. Because the requirement is found in section 341 of the bankruptcy code, the... more
Everyone that files bankruptcy MUST appear before the US Trustee at a meeting known as the 341 creditor's meeting. The purpose of the 341 meeting is for the Trustee to gather information about you... more