Common Questions Asked During a Creditor's Exam or 341 Meeting
Commonly asked questions:ID- show Social Security Card and Driver's License
o Did you assist your attorney in the preparation of the bankruptcy petition and schedules?
o Is the information contained therein correct?
o Do you need to make any changes or revisions?
o What's the reason you have to file for Bankruptcy?
o In the last 6 years have you given away any real property?
o In the last 2 years have you given away any personal property?
Commonly asked questions, continued:[review vehicle titles - property deeds - showing secured interests]
o Within 90 days before filing, did you pay any creditor $600.00 or more?
o Within the same 90 days, did you transfer any account balances?
o Did you repay debt to any family members in the last year?
o Do you control or possess any property that belongs to someone else?
o Do you expect to receive an inheritance in the next 6 months?
o Do you have a claim or a potential claim for a personal injury?
o Does anyone owe you anything?
[income verification with tax return, W2s, and/or recent pay stubs]
o Did you list all personal property on the schedules?
o How did you value your home or car?
o Have there been any recent changes in your income or expenses?
o Did your attorney advise you of the differences between Chapter 7 and Chapter 13?