Important Information for Clients Regarding the Meeting of Creditors: After your bankruptcy petition is filed, the Bankruptcy Court will schedule a 341 hearing, also called a “meeting of creditors." It will probably be scheduled within one month of filing.
In Philadelphia, these hearings are held at: 833 Chestnut Street, Suite 501 West, 5th Floor, Philadelphia, Pennsylvania. You and your attorney must attend this meeting with the United States Bankruptcy Court Trustee. At the 341 hearing, the United States Bankruptcy Trustee will review your bankruptcy petition and will ask you questions. The Trustee will ask you to verify in person the written information you have already listed in your petition. The 341 hearing is usually short and routine. After the hearing, the Trustee will recommend to the Bankruptcy Court Judge whether or not to discharge your debts. It is very important that you appear before the Trustee at the 341 hearing. You must be present or-your bankruptcy could be dismissed. If you are unable to attend, you must call your attorney immediately so that the Trustee can be contacted. Your attorney can request that the Trustee reschedule the meeting. When you receive your 341 hearing notice, please contact your attorney to confirm that you will attend. 20 Plus Questions Usually Asked by the Trustee of Debtors at the Meeting of Creditors
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