When you file bankruptcy all of your creditors will be informed of the date, time, and instructions for your 341 hearing. The 341 hearing, also known as the meeting of creditors, is your creditors chance to ask specific questions about the information in your case. Although most creditors do not show up for the 341 hearing, some may.
If a creditor shows up at your 341 hearing it may be to listen to questions the trustee asks and your testimony or it may be to ask you specific questions. If the creditor has questions to ask you they will be given a chance after the trustee has gone through the typical 341 hearing questions. Creditors who show up, may ask you questions related to your bankruptcy case, for example about income, assets, expenses, and liabilities. This is not an opportunity for your creditors to make statements about your testimony, to object to discharge or even bring motions. The 341 hearing is very limited to creditors asking questions.
Your attorney will be looking out for your best interest, while the creditor is going through their questions. Your attorney can object to creditors if the questions are out-of-line, irrelevant, asked and answered, etc. For example, if a creditor shows up and starts stating things about the debt, without a question and just trying to state facts, this can be objected to. The 341 hearing isn’t a place for creditors to tell their side of the story, but is instead is a specific time for the creditors to gather more information, if they choose to.
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