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What to Expect at Your Bankruptcy 341 Meeting in Minnesota | K&S, P.A.

Written by Amanda Scharber | March 6, 2021 at 1:18 PM

As a refresher, the 341 meeting or meeting of creditors, is a 5-to-10-minute hearing, where the bankruptcy trustee for your case asks you questions. Typically, these questions are yes or no response and are used to verify the information in your case.

How Your Minnesota Bankruptcy Attorney Will Prepare You

To prepare for this meeting your attorney should run through a list of the typical questions you can or will be asked by the trustee. Your attorney will most likely also give you pointers about the hearing and details on what to expect. For instance, some trustees do a conference style meeting, while others take a case one by one.

Typical 341 Meeting Questions in Minnesota

Typically, the types of questions you will be asked include the basics about your case. For instance, if you have filed bankruptcy before, have lived in Minnesota the last two years, are married, own real estate, and so on. The 341 meeting is the trustee’s opportunity to ask questions to gather or verify your information. Usually, these questions align with the questions your attorney asked you before the case filing, so don’t be surprised if you have heard the questions once or twice before the hearing.

Getting Comfortable with Technology Before Your 341 Meeting

If you are unfamiliar with the format the hearing will be called on, another good way to prepare for the hearing is to practice. For instance, with COVID, hearings in Minnesota are taking place either by Zoom or phone call. If you have never used Zoom before, it may be a good idea to see what it is like before your hearing date.

CALL NOW FOR A FREE STRATEGY SESSION FROM A MN BANKRUPTCY LAWYER AT KAIN & SCOTT

Here at Kain and Scott we try to run through the details of the 341 meeting, so you know what to expect beforehand. Visit www.kainscott.com to speak with an attorney today. You will be glad you did!