The 341 meeting takes place after a Chapter 7 or Chapter 13 bankruptcy is filed. It is a meeting between the person filing, their attorney, and the trustee appointed to oversee the case. This post covers when the meeting typically takes place and what the trustee reviews.
Frequently Asked Questions
What happens at the 341 meeting of creditors in Rockford, IL?
After your bankruptcy is filed, whether it’s a Chapter 7 or a Chapter 13 bankruptcy, you have the 341 meeting. It’s also known as a trustee’s meeting. That’s where your attorney and you will meet with the trustee that’s appointed to oversee your case.
That typically takes place about 30 to 45 days after your case is filed. The trustee that’s appointed to oversee your case is going to review the voluntary petition, the schedules, and the statements that were filed in your case and go through some questions with you related to those documents.
Are you struggling financially? Pratt & Maegli Law Firm in Rockford helps Illinois families and individuals explore Chapter 7 and Chapter 13 options with clear answers and a personal approach. Call (815) 315-0683 or visit rockfordbankruptcytoday.com to schedule a confidential consultation and take the first step toward real financial relief.