Welcome To The MN Bankruptcy Blog

Inside you will find over 500 helpful articles discussing the Chapter 7 & 13 Bankruptcy Process and other solutions for difficult financial situations.

 

    What is a 341 Bankruptcy Meeting and What Can I Expect?

    Posted by Madison Newberg on April 20

    Whether you file a chapter 7 or a chapter 13 bankruptcy you will be required to attend a 341 Meeting or meeting of the creditors. This is a 5-10 minute meeting with the bankruptcy trustee and an attorney will be there with you. It is called a meeting of the creditors but few creditors actually attend the meeting. Most of the time individuals can expect that no creditors will be present. 

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    How Does the 341 Hearing Work in Bankruptcy in Minneapolis, Minnesota

    Posted by Amanda Scharber on March 27

    The 341 hearing or Meeting of Creditors is, typically, the only hearing you attend during your bankruptcy case. It is about a month after filing and will, usually, last less than 10 minutes. This meeting is a chance for the trustee in your case and any creditors to ask questions. The questions you will be asked typically are regarding assets, income, debts, and expenses. 

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    Creditors Attending the Bankruptcy 341 Hearing in Minneapolis, Minnesota

    Posted by Amanda Scharber on June 26

    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. 

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