What is a 341 Hearing?

hearing-trustees-offices-dc-va-md

What is a 341 hearing? Well, that’s a savvy question. The 341 hearing is otherwise known as the Meeting of Creditors. The Bankruptcy Code requires debtors to attend a Meeting of Creditors shortly after a bankruptcy filing. The bankruptcy trustee assigned to the case conducts the hearing. The meeting takes place in the trustee’s meeting […]