Bankruptcy Creditors' Meeting

Submitted by Anonymous (not verified) on Tue, 06/16/2015 - 15:07
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In a chapter 7 or 13 bankruptcy case, a "creditors' meeting" is held three to seven weeks after the case is filed. The bankruptcy code requires this meeting to be held.  Although called a "creditors' meeting," in most cases no creditors 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 bankruptcy schedules that were file are reviewed.Jordan E. Bublick - Miami Bankruptcy Lawyer - Kendall & Aventura Offices - (305) 891-4055 - www.bublicklaw.com