The 341 meeting of creditors is a crucial step in the bankruptcy process that must be attended by all debtors who file for bankruptcy. Here are some key points to keep in mind about this meeting:
What is the 341 Meeting of Creditors?
The 341 meeting of creditors is named after Section 341 of the Bankruptcy Code, which requires debtors to attend and provide testimony under oath. The meeting allows the trustee and creditors to ask the debtor questions about their financial affairs and bankruptcy petition.
When is the Meeting Held?
The meeting is typically held within 20-40 days after filing the bankruptcy petition. It’s important to note that failure to attend the meeting can result in the dismissal of the bankruptcy case, so debtors should make every effort to attend and be fully prepared.
Who Attends the Meeting?
The meeting is usually attended by the debtor, their attorney, and the trustee assigned to the case. While the meeting is a public event, it’s relatively rare for creditors to attend. Any creditors who do attend the meeting may also ask questions.
What Should Debtors Bring?
Debtors must be fully prepared to answer questions. They should bring all required documents, including their bankruptcy petition and supporting schedules, as well as their photo identification and social security card.
Fort Lauderdale’s Bankruptcy Court and the 341 Meeting of Creditors
The Fort Lauderdale Division of the bankruptcy court has jurisdiction over bankruptcy cases filed in Broward County, Florida. The meeting is held at the following address:
299 East Broward Boulevard, Room 411 Fort Lauderdale, FL 33301
The meeting is currently conducted telephonically due to the COVID-19 pandemic. Here are some additional details to keep in mind:
- The meeting is conducted telephonically until further court directive.
- Debtors should be fully prepared to answer questions under oath.
- Failure to attend the meeting can result in the dismissal of the bankruptcy case.
- Please keep your phone on mute until your name is called.
If you’re filing for bankruptcy in the Fort Lauderdale area, it’s essential to have an experienced bankruptcy attorney on your side to guide you through the process. Fort Lauderdale bankruptcy attorney Robert Stiberman has extensive experience helping clients navigate the bankruptcy process and can provide the guidance you need. To learn more, visit his website at https://stibermanlaw.com/bankruptcy-attorney-fort-lauderdale/. By being prepared and honest during the meeting, debtors can help ensure that the bankruptcy process proceeds smoothly and efficiently.
