By Jeff Field | Published February 28, 2022 | Posted in Bankruptcy | Tagged Tags: bankruptcy trustee, creditors, debt, section 341 meeting | Leave a comment
What Happens at the Creditors’ Meeting After You File for Chapter 7?
A Chapter 7 bankruptcy is a powerful legal remedy that, if successful, discharges most or all of your debts. However, your creditors have the right to object. Soon after you file for Chapter 7 bankruptcy, you will be required to attend a creditors’ meeting, the purpose of which is to verify the accuracy of the Read More
Read MoreWhat Is the Trustee’s Role in a Chapter 7 Bankruptcy?
A trustee is a court-appointed officer charged with managing a Chapter 7 bankruptcy case. The trustee’s principal role is to act as the bankruptcy court’s agent, insuring compliance with the law and protection of the debtor’s and creditors’ rights. In practice, the trustee, who is also a lawyer, will take all actions and make all Read More
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