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What is a 341 Meeting/Meeting of Creditors?

Category: 
Debtor Information
Answer: 

The Meeting of Creditors, also called a 341 Meeting, is a meeting that a debtor is required to attend after filing for bankruptcy. The Meeting of Creditors is not a court hearing, but rather a chance for the trustee overseeing your bankruptcy case, as well as any creditors who wish to attend, to ask you questions regarding your financial affairs and property. Although there will be no judge present during the Meeting of Creditors, you will be under oath as you answer questions regarding your financial situation.

More information on 341 Meetings is available on the Court’s website here.