Michael B. Sachs, Attorney

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What is a creditors meeting?

When the bankruptcy case is filed the court sets a date for a creditor's meeting, also known as a 341(a) meeting. This meeting is about a month after filing. You are required to attend the meeting. They usually only last a few minutes, and require you to answer some questions, most of which you heard prior to the meeting. Creditors have the opportunity to ask you about your assets. Most creditors do not attend. The Trustee will ask a number of questions, possibly some specific questions about your income or assets. We will attend the creditor's meeting with you, and will be available to answer any questions or concerns you may have.


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