The 341 meeting
is run by the trustee, who places
the debtor under oath and asks
questions about the debt. Creditors
may attend.
•
Make sure to
bring Social Security card and
other identification.
•
For Chapter 7,
this meeting occurs 20 to 40 days
after filing and can be as short
as five minutes. The trustee liquidates
the debtor’s nonexempt assets.
•
For Chapter 13,
the meeting occurs 20 to 50 days
after filing and can be as short
as 15 minutes. You will start
repaying creditors within 30 days
of filing by making payments to
trustee to disburse.
