341 Meeting of Creditors in Bankruptcy

What Is the 341 Meeting of Creditors in Bankruptcy? If you are considering filing bankruptcy, you must understand the bankruptcy process and the nuances involved.  One such important activity is the meeting of creditors, an important part of every Chapter 7 and Chapter 13 bankruptcy case. The meeting of creditors is scheduled by the clerk of the bankruptcy court shortly after a bankruptcy case is filed. It is also called the 341 hearing (because it is required by [...]