Bankruptcy Creditors' Meeting

In a Chapter 7 or Chapter 13 bankruptcy case, a "creditors' meeting" (or "341 meeting") is held about six  weeks after the bankruptcy case is filed. Although called a "creditors' meeting," in most cases,  no creditors take the opportunity to attend.

A Chapter 7 creditors' meeting is usually presided over by the Chapter 7 trustee and a Chapter 13 creditors' meeting by the standing Chapter 13 trustee. The debtor is required to attend to creditors' meeting unless there are special circumstances to excuse attendance.

At the creditors' meeting the person who filed for bankruptcy - the debtor - is placed under oath and the case and filed bankruptcy schedules are reviewed.