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The Bankruptcy Meeting of The Creditors
The bankruptcy creditors' meeting, also known as the meeting of creditors or the 341 meeting (after its location in the bankruptcy code), is a hearing conducted by the bankruptcy trustee.
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Bankruptcy Creditors' Meeting: How the Trustee Thinks
Most people contemplating bankruptcy are fearful of their creditors' meeting (also called the "341 meeting," after its place in the bankruptcy code, or the "meeting of creditors"). In Chapter 7 bankruptcy cases, the creditors' meeting is the only court hearing. So it's understandable that you might be anxious.
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Questions to Expect at the 341 Meeting in Your Bankruptcy Case
During your bankruptcy case, whether you file under Chapter 7 or Chapter 13, you will have to attend a meeting with your creditors and the bankruptcy trustee in charge of your case.
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After the 341 Meeting Is My Chapter 7 Case Closed?
Once you file for bankruptcy, you are required to meet with your trustee and creditors before the bankruptcy court can rule to discharge your debts. This meeting is called the 341 meeting, the meeting of creditors, or the creditors' meeting. The 341 meeting is the only time the trustee and creditors can ask you questions while you are under oath and on record.
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Documents Needed For The Meeting of Creditors
Whether you file for Chapter 7 or Chapter 13 bankruptcy, you must attend a mandatory hearing called the meeting of creditors (also called the 341 hearing).
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What Happens If I Don't Attend the Meeting of Creditors?
When you file for bankruptcy relief, you must attend a mandatory hearing called the meeting of creditors (also called the 341 hearing). If you fail to attend your 341 hearing, the bankruptcy trustee appointed in your case will most likely dismiss your bankruptcy. Read on to learn more about what happens
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Will Bankruptcy Creditors Attend My 341 Hearing?
When you file for Chapter 7 or Chapter 13 bankruptcy, you must attend a mandatory hearing called the meeting of creditors (also referred to as the 341 hearing). But despite its name, chances are none of your creditors will actually show up at your meeting of creditors. Read on to learn more about whether
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Preparing for the 341 Meeting of Creditors in Your Bankruptcy Case
Before you can receive a discharge and eliminate your debts in bankruptcy, you must attend a hearing called the meeting of creditors (also called the 341 hearing). In most cases, your meeting of creditors will be a simple hearing that lasts only a few minutes. But to make sure that your 341 hearing goes smoothly, it’s important to prepare for it.
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Chapter 7 vs. Chapter 13 Bankruptcy Meetings of Creditors
When you file for Chapter 7 or Chapter 13 bankruptcy, the court will appoint a bankruptcy trustee to review your file, administer your case, and ask you questions about your financial affairs at a mandatory hearing called the meeting of cred
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The New Bankruptcy: Will It Work for You?
Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.
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How to File for Chapter 7 Bankruptcy
The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.
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Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time
This comprehensive guide explains the Chapter 13 process, from start to finish.