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REQUEST for COPY of RECORDING of '341 MEETING REQUEST for COPY of RECORDING of '341 MEETING Form
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People also ask
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Should I be nervous about a 341 meeting?
This meeting of creditors is a critical part of the bankruptcy process, and it's normal to feel some concern. Many people experience 341 meeting anxiety, worrying about what will happen, if creditors will attend, and whether they'll say the wrong thing. But don't worry—it's not as overwhelming as it might seem.
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What happens if no creditors show up at the 341 meeting?
The trustee will conduct the hearing. Creditors might attend as well, although in many bankruptcy cases creditors do not show up. The trustee will swear you in and ask a series of questions under oath. If satisfied, the trustee will conclude the hearing.
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What questions do they ask at a creditors meeting?
The following are some of the most common trustee questions asked at the meeting of creditors: Did you review your bankruptcy petition and schedules before you filed them with the court? Is all the information in your bankruptcy papers true and correct to the best of your knowledge? Did you disclose all of your assets?
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Do creditors actually show up at the 341 meeting?
A Chapter 7 debtor could apply for credit after the 341 Meeting. However, it is generally best to wait until your case is closed before applying for a credit card, loan, or new line of credit. Most creditors will not extend credit while your bankruptcy case is open.
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What can go wrong at a 341 meeting?
Concealing assets by failing to list all assets or giving assets to someone to hold. Intentionally providing false statements in your bankruptcy forms. Lying at a bankruptcy hearing or 341 Meeting of Creditors. Filing multiple bankruptcy cases under different names, Social Security numbers, and different states.
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