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After you have filed your bankruptcy petition, whether a chapter 7 or chapter 13, the bankruptcy trustee will schedule a meeting of your creditors, referred to as a 341 meeting after the number of the bankruptcy code associated with the meeting. This 341 meeting typically takes place about 30 days after your filing.

At the 341 meetings the bankruptcy trustee, or administrator, will ask any questions they have about your petition. They are trying to determine any problems or missing information, and if you have included everything or may be trying to hide information. If the trustee believes there are issues they can schedule an adversary proceeding in court. Your creditors can attend the meeting, but they don’t need to in order to file a claim or object to discharging the debt you owe them.

Most 341 meetings are fast and easy. Some of the questions the trustee may ask you are:

Did you include all of your property and assets?
Did you include all of your debts?
Did you read everything before signing the petition?
Do you have any mistakes you need to correct?
Do you owe child support or taxes?
Is everything accurate in your petition?

If anything is missing or the trustee needs additional information such as business records, they may continue the hearing to give you time to produce the information.

If your creditors are there they will be given a few minutes to as you questions as well. If they need more information another hearing will be scheduled.

Once the 341 meeting has been completed, if there are no issues, the trustee will be into motion the bankruptcy discharge.