What is a 341 Meeting? A mandatory meeting between a court-appointed trustee and debtor to review bankruptcy documents and ease the debtor's debt. A 341 meeting, or a creditor's meeting, happens over ...
Section 343 of the Bankruptcy Code provides that a “debtor shall appear and submit to examination under oath at the meeting of creditors under Section 341(a)” held at the outset of a bankruptcy case.
The purpose of the 341 Meeting is to examine the debtor’s financial position and to confirm facts stated by the debtor in the bankruptcy filing. While creditors are not required to attend the 341 ...
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