Articles Tagged with 341 Meeting

5 things that a bankruptcy trustee wants you to produce before your 341 meeting.

Published on: March 15, 2015 | by Savage Villoch Law, PLLC

By Alfred Villoch, III, with Savage, Combs & Villoch, PLLC

In a previous blog post, I explained the purpose of a 341 meeting of creditors. A trustee holds a 341 meeting in every bankruptcy case. You can access that blog post HERE. Before a 341 meeting, a bankruptcy trustee usually requests certain documents to verify the information provided in the bankruptcy petition and schedules. Without the production of this information, a trustee may reschedule or adjourn the meeting until the documents are provided. Below are 5 things that a bankruptcy often requests to review at least one week before the 341 meeting.

1. Tax returns for the last two years.

I filed bankruptcy. What is the 341 meeting of creditors?

Published on: September 27, 2014 | by Savage Villoch Law, PLLC

By Alfred Villoch, III, with Savage, Combs and Villoch, PLLC

This meeting is named after section 341 of the bankruptcy code. It’s usually held about one or two months after you file for bankruptcy. You are required to attend this meeting in order to successfully complete bankruptcy and discharge your debts. Your attorney will attend the 341 meeting with you and will make sure that you are comfortable and prepared. You should bring your driver’s license and social security card.

A trustee is the person who administers your bankruptcy case. The 341 meeting is an opportunity for the trustee appointed in your case to ask you questions generally about your assets, liabilities, and financial affairs. The trustee will investigate possible fraud, genuine mistakes in the paperwork, and will make sure that your paperwork is in full and complete order. The trustee will also speak with you about: