Meeting of Creditors

The meeting of creditors (also known as a “341 hearing”) occurs in front of the bankruptcy trustee approximately one month after filing a bankruptcy case. Although your creditors can attend and ask you questions during the hearing, creditors rarely attend these hearings (unless they believe you are hiding assets).

During the meeting, the bankruptcy trustee will verify your identification (government-issued photo ID and Social Security card). The trustee will also need your financial documents if you haven’t submitted them prior to the meeting. Examples of such financial documents include proof of income, bank statements, tax returns, and loan statements.

The bankruptcy trustee will then ask a series of questions about your bankruptcy paperwork. It is the trustee’s job to ask you questions under oath and verify that your financial information is complete and accurate.