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What is a Meeting of Creditors and why do I have to attend?

attend Creditors meeting
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What is a Meeting of Creditors and why do I have to attend?

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Section 341 of the U.S. Bankruptcy Code requires that debtors attend and be examined at a Meeting of Creditors. The main purpose of the examination is to make sure that Debtors have accurately and completely filled out the schedules and statement of financial affairs that were filed with the court. As a practical matter, few creditors attend and the Chapter 7 Trustee appointed in your case examines you.

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