The Meeting of the Creditors

The meeting of the creditors, otherwise known as a 341 hearing, is one of the most crucial and often overlooked components of a bankruptcy case. Required by the bankruptcy code, this hearing gives the trustee the opportunity to ask the client questions in order to assess the validity of the claim and the completeness of the bankruptcy documents. In this program, bankruptcy attorney Daniel Gershberg takes an in-depth look at the meeting of the creditors. In addition to covering the questions that may be asked of your client and how your client should respond, he gives a number of valuable tips on how to avoid traps that could get your client into trouble.