What is a First Meeting of Creditors ( 341 Meeting ) in bankruptcy?
The First Meeting of Creditors or 341 Meeting is a meeting with the trustee in which certain questions will be asked as to the accuracy of your schedules. It gives the trustee the opportunity to review your schedules with you. Creditors may be present who will also have the opportunity to question you for a short period of time. If the trustee or creditors request additional time, they will be required to request a Rule 2004 Examination. For further clarification about filling for bankruptcy, please feel free to contact us and one of our bankruptcy attorneys in Miami will be happy to help you.
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