341 meeting

Having your 341 bankruptcy hearing also known as the meeting of the creditors is a clear sign you are well on your way to starting to resolve your debt issues. If you have an excellent bankruptcy attorney you should not have any issues or surprises when you attend your 341 hearing. Depending on your debt and your case you could have creditors show up at your meeting. If they show up it is because they have an objection to discharging the debt. This is the kind of thing where you just transferred a large amount of debt from one card to another. Or if you decided to purchase something large with the past 3-6 months. They could have a case, I highly doubt the would suceed. If so, you would have known about it before this meeting.

This meeting is where you most are meeting the trustee. Deciding to file bankruptcy was most likely tuff decision. However, you're starting to hit the home stretch when you are notified of your of the date you and your bankruptcy attorney need to appear in court. Yes, it is stressful, however if you were truthful in filling out all of your paperwork things should go smooth.
It is common for for these Bankruptcy hearings or 341 meetings to last only 5-10 minutes. If you get their a half hour early you should be able to sit through a couple bankruptcy hearings.

The meeting of the creditors will consist of questions such as, did you review the paperwork being submitted, what is your ssn, do you expect any money or inheritance in the next X amount of months. These are all general questions. You should keep your answers to YES or NO.. Don't offer additional information and always make sure the trustee completes his/her question before answering. You should also be prepared to give a brief statment of why you filed. Keep it short and to the point. It should be the elevator story. The more you talk the more you allow the trustee to come up with questions if they thing their is something "off' about your story

I had to file in Michigan's Eastern district and ended filing or having my meeting in Lansing. So, I guess I could say I filed my Bankruptcy in Lansing or more specifically had my 341 in Lansing. The hard work was completed on deciding to file bankruptcy and gathering all your required bankruptcy documents. The 341 is basically a general hearing that begins to finalize everything. Remember, the meeting is a formality and their shoud be no surprises. If their is going to be an issue, you would have been asked to provide much more documention after you filed and prior to your 341 meeting.