What is a 341 Meeting?

When you file a bankruptcy, you are required to appear at the 341 Meeting of Creditors (11 U.S.C. 341). You will receive notice of the time and date of your meeting from your attorney and the court. You will attend this meeting with your attorney about a month to 45 days after your case is filed. At this meeting, you will answer the questions of the trustee and possibly some of your creditors.

This meeting is required and failure to appear will result in your case being dismissed, so make sure to get there 30 minutes before your meeting time with your driver’s license and social security card.

The trustee will ask you questions about your bankruptcy paperwork and about your assets. Some of the questions could pertain to disclosures in paperwork, your income, and how you came up with values on your personal items.

Contact Miami Bankruptcy Attorneys today for further information.