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Bankruptcy and the 341 Meeting

Have you recently filed for Chapter 13 bankruptcy? If so, you need to start preparing for your 341 meeting of creditors.

While the title may sound imposing, this is a regular part of Chapter 13 bankruptcy that usually lasts no more than an hour. Once you have filed for bankruptcy, your 341 meeting will be scheduled between 20 to 50 days of your filing. Your creditors, as listed in your bankruptcy petition, will be invited to appear at your 341 meeting to air their grievances and listen to the terms of your bankruptcy.

During the meeting, your court-appointed trustee will be placed under oath, as well as any creditors that are present, before they are allowed to speak with you about your bankruptcy filing. In many cases, however, creditors will not even appear at the meeting and your trustee may only have a few questions regarding your repayment plan. As you can see, the process is straight forward in most cases, but you may still have questions.

If you find that you have questions or concerns, you may find relief by contacting a Chicago Chapter 13 lawyer from our law office who can take the time to meet with you one-on-one. By having information in advance, you may feel more comfortable throughout the bankruptcy process.
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The information on this website is for general information purposes only. Nothing on should be taken as legal advice for any individual case or situation.

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Phone Number: (312) 427-3100