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One of the terms in bankruptcy that sounds way scarier than it actually is: the “341 Meeting of Creditors.” People hear that and imagine a courtroom… a judge… a room full of angry creditors. In reality, it’s usually a very short Zoom meeting with the bankruptcy trustee where they just confirm the information in your paperwork and make sure you told the truth. Most take about 5 minutes when the case is prepared correctly. And in the thousands of cases we’ve handled, creditors almost never show up
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