There are questions the chapter 7 trustee will ask. After you file your chapter 7 or chapter 13 bankruptcy case we attend a meeting at court. The meeting is called the 341 meeting of the creditors. Its held in the Federal Bankruptcy building in the district your case is filed. Many clients are stressed about this meeting. They fear the questions the chapter 7 trustee asks. Its understandable they’d be stressed but there’s no need to be. The meeting is easy and it normally takes about five minutes.
Easy Bankruptcy Questions
1. Do you swear or affirm to tell the truth.
2. Please state your name for the record.
3. Trustee will review your driver license and social security card to make sure they are in agreement with whats found in your petition.
4. How long have you lived in the State of Oklahoma.
5. How long have you lived in the county in which you currently reside.
6. Does this petition include all your assets.
7. Does this petition include all of the persons or businesses you owe money to.
8. Did you read and sign a copy of your bankruptcy information sheet.
9. Is every thing contained herein true and correct.
10. Have you ever filed a Bankruptcy before.
This is just a Short list of some of the questions you’ll be asked about at the 341 meeting of the creditors. Each trustee is a little different and may ask some different questions or look at different paperwork depending on the particulars of your case. Most if not all the questions will have already been answered in the petition you signed at my office.
How Long The Meeting Takes
The meeting generally lasts for about 10 minutes but may be a little longer or shorter depending on your case. If a creditor shows up the creditor will have the chance to ask you a few questions. Most times creditors will not show but if one does just relax and answer the questions.
Once the meeting is concluded I’ll ask you if you’ve completed the second half of your credit counseling. If not yet done you should complete it promptly because if you fail to complete the debtor education the trustee will file a motion to dismiss.
Contact a Bankruptcy Attorney Near You
If you’re tired of fighting creditors who threaten your financial well being a bankruptcy may be a great option. You keep your car and home and most of your other assets. Its straight forward and may be one of the best options for you. Chapter 7 or chapter 13 bankruptcy we do them both. Call and get a free bankruptcy consultation today.