Will I Have to Go to Court If I File for Chapter 7 Bankruptcy?
Will I have to go to court if I file for Chapter 7 bankruptcy? If you file for bankruptcy, yes, you will have to show up in court for what is known as the meeting of the creditors. If you are like most consumers, the idea of showing up in court is daunting. After all,…
What Happens at a 341 Hearing with Creditors?
When you file for Chapter 7 or Chapter 13 bankruptcy, you are required to attend a meeting of the creditors. This is also referred to as a 341 Hearing. During this meeting, you are not in front of a judge. Instead, your bankruptcy trustee is present, along with creditors, to discuss your debt obligations. This…