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What is a Meeting of Creditors? What happens there?


The meeting of creditors is a hearing all debtors are required to attend in their bankruptcy case. It usually occurs between 20 and 40 days after your petition was filed. The trustee assigned to the case will conduct the meeting.

The meeting permits the trustee to review your petition and schedules face-to-face with you. You are required to answer the Trustee's questions under penalty of perjury (after being sworn in) about your property, liabilities, financial condition, and any other matter that could affect the administration of your case or your right to receive a discharge. The trustee will also ask questions to ensure that you understand the bankruptcy process.

The meeting is called a "meeting of creditors" because creditors are notified that they are allowed to attend and ask you questions about your assets or any other thing involving the administration of the case. It is also called a "341 meeting" because it is required to be held under Section 341 of the Bankruptcy Code. Creditors are not required to attend the Creditors Meeting and usually do not appear at them.  The meeting usually only takes about 10 - 15 minutes and can be continued if the trustee is not satisfied with the information presented.

If you fail to appear and provide the information requested by the Trustee, he may request that your case be dismissed, or may seek other relief against you for failure to cooperate. If your case involves you and your spouse filing jointly, both of you must be present at the meeting of creditors.


What is Bankruptcy? 

What Can Bankruptcy Do for Me? 

What Bankruptcy Can Not Do


What Different Types of Bankruptcy Should I Consider? 

What Will Happen to My Home and Car If I File Bankruptcy?

Can I Own Anything After Bankruptcy?

Will Bankruptcy Wipe Out All My Debts?

Will I Have to Go to Court?

Will Bankruptcy Affect My Credit?


What Else Should I Know?

What is the Bankruptcy Code?

Is the Bankruptcy Court a State or Federal Court? 

Who can file bankruptcy?

Do I need an attorney to file for bankruptcy?

What are the different "Chapters" in bankruptcy? 

What is a Joint Bankruptcy Petition? 

Does my spouse have to file if I file?

What is a Bankruptcy Trustee? 

What documents are needed to file bankruptcy? 

How much is the Court filing fee?

What about credit counseling and personal financial management instruction-what is the difference between the two? 

What is the “Means Test”? 

How can I change or correct information in the petition, statements, and schedules I have filed? 

What is a Meeting of Creditors? What happens there?

I don't live in the Denver Metropolitan area. Where will my Creditors Meeting be held?

How do I know if a debt is secured, unsecured, priority, or administrative? 

What are exemptions? 

What happens after I file my bankruptcy case? 

What is a discharge? 

What is the Difference between a Denial of Discharge and a debt being nondischargeable? 

I attended a Section 341 Meeting of Creditors before my case converted to another chapter. Do I have to attend another meeting? 

What if my case is dismissed? 

My case was dismissed because I failed to pay all of the installments of the filing fee. Can I file a new bankruptcy case? If so, can I pay the new filing fee in installments? 

What is a Reaffirmation Agreement? 

What is a Motion for Relief from Stay?

What can I do if a creditor keeps trying to collect money after I have filed a bankruptcy? 

What services can a "Bankruptcy Petition Preparer" provide? 

Will the Judge advise me of my options during the bankruptcy case? 

May I speak directly with a Bankruptcy Judge?

What is an Adversary Proceeding?

If my case gets dismissed, or I change my mind about filing, can I get my filing fee refunded? 

When am I under bankruptcy protection?

Who has access to my bankruptcy file? 

Will all my creditors be notified of my discharge? 

When is my case complete? 

How soon after I get my discharge can I file for bankruptcy again? 

Will the U.S. Bankruptcy Court provide and pay for an interpreter for me? 

What if a creditor tries to collect money after I get a discharge? 

How can I get another copy of my discharge? 

How many years will a bankruptcy show on my credit report? 

How do I get errors removed from my credit report?

Important Disclosure - READ THIS

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I welcome your questions and will be happy to provide you with a free initial consultation.  Just give me a call or send a fax or e-mail:

Robert J. Doig
Attorney at Law
SpringsBKLaw.com

2985 Broadmoor Valley Road, Suite 4
Colorado Springs, CO 80906
719 227-8787  Office
719 325-8355  Fax
Info@SpringsBKLaw.com


We are a debt relief agency. We help people file for relief under the Bankruptcy Code.