What is a 341 Hearing, and Why Is It Important in Bankruptcy?

If you are considering filing for bankruptcy, you may have heard of the 341 Hearing. Clients often ask us about this step, and it's an excellent question — understanding the 341 Hearing helps clarify what happens after your case is filed.

The 341 Hearing, also known as the Meeting of Creditors, is a mandatory part of the bankruptcy process for all cases, whether Chapter 7 or Chapter 13. It is a standard step where the bankruptcy trustee reviews your filed petition and schedules to verify the accuracy of the information provided.

During this meeting, the trustee compares your petition to supporting documents like tax returns, pay stubs, and your driver’s license. You will be asked straightforward questions about your identity, employment, household income and expenses, and other details you and our team will have already prepared before filing. The good news? There are no surprise or trick questions — if you have worked with us, you will be fully prepared.

What to Expect at a 341 Hearing

• Timing: The hearing typically takes place 30 to 45 days after your case is filed.
• Attendees: You, one of our Lifeback Law attorneys, and a bankruptcy trustee.
• Format: Most hearings are held via Zoom and last 10–15 minutes.
• Location Option: If you are near a Lifeback Law office, you can request to attend from one of our locations. While you are there, enjoy complimentary coffee and snacks — it is our way of making the process a little more comfortable.

CALL NOW FOR A FREE STRATEGY SESSION FROM AN MN BANKRUPTCY LAWYER AT LIFEBACK LAW FIRM

You are not alone – we are here to help! 

We understand that court hearings can feel intimidating. That is why our experienced team at Lifeback Law is here to guide you through every step, from pre-filing to the 341 Hearing and beyond. With our helpful resources and compassionate staff, you will never feel like you are going through it alone.

When the time is right, or when you are ready, reach out to Minnesota’s MOST Kind and Helpful bankruptcy law firm by going now to www.lifebacklaw.com. You will be so happy you did.