All bankruptcy petitioners must attend a meeting of creditors. The meeting of creditors is often referred to as the 341 meeting because it is required by Section 341 of the U.S. Bankruptcy Code. This meeting is conducted by your bankruptcy trustee for the purpose of verifying the information in your bankruptcy petition. Your creditors may be present at the meeting and they may choose to ask you questions while you are under oath.
Watch this quick video to catch a glimpse of what a typical 341 meeting looks like. You’ll hear the trustee verifying the debtor’s identity and you’ll learn about the types of questions the creditors may ask.
When you become a client of the law firm of Cutler & Associates, Ltd., you’ll receive extensive counseling as to what you can expect from the meeting of creditors and other steps in the bankruptcy process.