Section 341 Meeting Preparation (Consumers)


Summary

This practice note discusses preparing a Chapter 7 or 13 individual debtor (or joint debtors) for a Section 341 meeting of creditors. Section 341 of the Bankruptcy Code requires the U.S. Trustee schedule and hold a meeting of all creditors within a reasonable time after the bankruptcy filing. This meeting is commonly referred to as the 341 meeting or the Section 341 meeting.