The 341 meeting of creditors is a meeting where the trustee meets with the debtors, who appear and answer questions, under oath concerning their financial circumstances. The goal is to determine if there are any assets that the trustee can get to pay any creditors. It is called the 341 meeting, because Section 341 of the bankruptcy code requires it.
ELIMINATE YOUR DEBT
When you are struggling underneath a mountain of debt, even the smallest relief may seem impossible. Despite your hopeless feeling, filing for bankruptcy could provide a light at the end of the tunnel.
START ANEW WITH YOUR FINANCES
With an experienced bankruptcy attorney guiding you through the filing process, you can take steps to move forward in pursuit of a clean slate.
WORK TOWARD BRINGING UP YOUR CREDIT
After you take action to eliminate your debt, the next step is to begin laying a solid foundation of personal credit. There are proven methods you can utilize to improve your credit score moving forward.