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What else can I help you with?
How do you postpone meeting of the creditors?
If you will not appear at your 341 Meeting of Creditors then you should try to contact the trustee to inform them that you cannot appear. Most trustees will reschedule the 341 meeting of creditors if you cannot attend for a serious reason. If you have your attorney, then the attorney can appear on your behave at the hearing date and also request that the matter be continued.
In the state of New Mexico when will discharge letter be sent out after meeting of the creditors?
In every state you become eligible for discharge 60 days after the first-scheduled meeting of creditors. It is usually mailed out around the 60th or 61st day after the meeting.
What is the initial bankruptcy hearing called?
341 MEETING OF CREDITORS
Can you postpone a meeting of creditors?
Yes, you can postpone a meeting of the creditors. Usually, you need to have a good reason, such as sickness or your car broke down. A judge will only give you so many chances to attend.
Is the nonfiling codebtor invited to attend the creditor meeting in a Chapter 7 case?
Codebtors must be listed in the bankruptcy, and put in the list of creditors if you want the codebtor to receive notices. No one is "invited" to the creditors' meeting, but notices are mailed to all the creditors, which/who may attend if they wish.
How long do you have to wait for 341 meeting?
A 341 meeting, also known as the Meeting of Creditors, typically occurs about 20 to 40 days after a bankruptcy filing. The exact timing can vary based on the court's schedule and the specifics of the case. Debtors are required to attend this meeting, where creditors can ask questions about the bankruptcy filing. It's important to prepare for this meeting and understand its significance in the bankruptcy process.
How do you add a creditor to bk?
If the trustee meeting has occurred, contact your attorney and have him fine a new creditor with the trustee. If the trustee meeting has not occurred, you may add new creditors at this meeting.
How long after meeting with creditors do you know if you can declare bankruptcy?
That meeting, the 341 meeting...is normally sometime after you have filed BK. They don't decide if you can declare BK, obviously because they would always say NO.
What happens after 341 meeting?
After a 341 meeting, also known as the creditors' meeting, the trustee and creditors can ask the debtor questions about their financial situation and assets. Following this meeting, the trustee will review the information provided and may take further action if necessary. If there are no issues, the bankruptcy case will proceed toward discharge, which typically occurs a few months later, assuming all requirements are met. Creditors may file claims, and the debtor must comply with any court requirements to finalize the bankruptcy process.
Bankruptcy 341 hearing?
341 is the section of the bankruptcy code that provides for a meeting of creditors. Though creditors is the name of the meeting, it is rare creditors show for the meeting. Really what this meeting is a meeting with the bankruptcy trustee assigned to your case. The trustee reviews your papers and would liquidate any property that is not exempt. Typically, most people don't have any non-exempt assets and the case is a no asset case. The trustee at the 341 meeting asks questions to see if the debtor has any assets he would be interested in, that the debtor is telling the truth and the papers are done correctly. The trustee, if satisfied, will file a report with the judge who then signs off on the debtor's bankruptcy discharge.
Can you bring your baby into meez nation?
No you cant bring your baby into meeznation :]
If your corporation file bankruptcy how will it aafect you personally?
If you have unpaid wages, then you need to attend the meeting of creditors as stipulated by the trustee.
