What is a section 341(a) meeting of creditors?
Section 341(a) of the Bankruptcy Code requires every debtor to personally attend a meeting of creditors and to submit to an examination under oath. The United States Trustee, her designee or, in a chapter 7 case, a panel trustee, presides at the meeting. Creditors may question the debtor under oath, elect a trustee other then the one assigned, and conduct such other business as may be appropriate. Creditors are not required to attend the meeting.
Section 341(a) of the Bankruptcy Code requires every debtor to personally attend a meeting of creditors and to submit to an examination under oath. The United States Trustee, his designee or, in a chapter 7 or 13 case, a panel or standing trustee, presides at the meeting. Creditors may question the debtor under oath, elect a trustee other than the one assigned, and conduct such other business as may be appropriate. Creditors are not required to be represented by counsel or attend the meeting. While the information presented above is accurate as of the date of publication, it should not be cited or relied upon as legal authority. It is highly recommended that legal advice be obtained from a bankruptcy attorney . For filing requirements, please refer to the United States Bankruptcy Code (title 11, United States Code), the Federal Rules of Bankruptcy Procedure and the Local Rules for the United States Bankruptcy Court for the Western District of Pennsylvania.
Section 341(a) of the Bankruptcy Code requires every debtor to personally attend a meeting of creditors and to submit to an examination under oath. The United States Trustee, their designee, or a Chapter 7 Bankruptcy Trustee, presides at the meeting. Creditors may ask questions of the debtor under oath, and may elect a trustee other then the one assigned, or conduct such other business as may be appropriate. Although creditors are not required to attend the meeting this is usually the only opportunity creditors will have to directly examine the debtor while under oath without seeking further permission of the court. In most Chapter 7 consumer bankruptcy cases the creditors rarely if ever appear.
Section 341(a) of the Bankruptcy Code requires every debtor to personally attend a meeting of creditors and to submit to an examination under oath. The United States Trustee, their designee, or a Chapter 13 Bankruptcy Trustee, presides at the meeting. Creditors may ask questions of the debtor under oath, or conduct such other business as may be appropriate. Although creditors are not required to attend the meeting this is usually the only opportunity creditors will have to directly examine the debtor while under oath without seeking further permission of the court. In most Chapter 13 consumer bankruptcy cases the creditors rarely if ever appear.
