Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Afraid of 341 Meeting...

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Afraid of 341 Meeting...

    I am considering filing for Chapter 7, but I have this nagging fear about the 341 Meeting. If a creditor chooses to show up, could they object to a bankruptcy? I'm just afraid that, at my 341, they'll say, "Oh, no you don't! We want our money!"
    Filed Chapter 7: March 19, 2012
    Discharged! June 28, 2012
    Closed! August 8, 2012

  • #2
    Here is one consolation. I know of a guy who just went thru a bad BK and 341 - family, ex business people and other local creditors showed up and raised all kinds of cain. At the end of it all - he was granted a discharge and it was closed.

    These people did everything they knew to ruin his life with the BK court. All to no avail.

    Comment


    • #3
      Originally posted by lotsahats View Post
      I'm just afraid that, at my 341, they'll say, "Oh, no you don't! We want our money!"
      It just doesn't work like that. Chill out and have no fear. Provided you are honest with your bk filing, you will have no problems. Period.
      All information contained in this post is for informational and amusement purposes only.
      Bankruptcy is a process, not an event.......

      Comment


      • #4
        Frogger is right on the money. Heck, if it worked like that, there would be no discharges showing up on this forum...LOL. Relax and do what you have to do for a debt free life!
        Filed CH 7 4/15/11
        341 5/23/11
        DISCHARGED & CLOSED ON 7/27/11

        Comment


        • #5
          Read through the 'stickies' in the 341 Section. Those will give you an idea of how to prepare and what to expect. It is a very rare occurrence when a creditor shows up at a 341 and objects.

          As Frogger said, as long as you are honest, there will be no problem. Welcome to the Forum!
          "To go bravely forward is to invite a miracle."

          "Worry is the darkroom where negatives are formed."

          Comment


          • #6
            Thanks, guys. I knew I was being silly.
            Filed Chapter 7: March 19, 2012
            Discharged! June 28, 2012
            Closed! August 8, 2012

            Comment


            • #7
              Don't be afraid -- it really will be okay. My 341 was no sweat; reading through the 341 forum here will help you I bet. You'll see that there are a lot more "well, that was easy!" posts than not :-)
              Filed 5/31/11 341 & Report of No Distribution 7/28/11 Discharged & Closed!! 9/29/11
              "What I won't accept or buy any longer is that my credit score defines who I am. Screw that."

              Comment


              • #8
                Let me just agree with everyone: you have nothing to worry about. When the time comes, I don't think anything written here will calm your nerves, but that is normal. The odds of a creditor showing up are so amazingly slim that it's almost not even worth mentioning. The most important thing of all is to be completely honest. Given that, you will be fine.
                Decided on Chapter 7: October 13, 2010; Retained Attorney: October 20, 2010; Filed Chapter 7: February 4, 2011; 341 Meeting: March 23, 2011; Discharged: May 24, 2011

                Comment


                • #9
                  Hi!
                  You are just like I was.......I was sooooooo TERRFIED of my 341 it was unbelieveable..no sleep.a nervous wreck.....crying...short tempered..........FINALLY ,,,,,,A STROKE!!!!!!!!! I actually had an occular stroke from the stress./......
                  My debt was mostly gambling money, and I was certain I was going to get in some real trouble with the Trustee....I expected a real chatising.
                  NEVER HAPPENED!!!!!!!!!!!!! he was soooooooo nice and unjudgemental. 3 questions..about 3 minutes~!~!~!~!
                  1--------name
                  2-------did you sign these BK papers
                  3--------what brought you to this point? answer..the economy............HIM: thats NOT an answer
                  ME: well I admit because of the economy, the only way I thought I could get ahead is by hoping to WIN some money HIM: OK..........good luck

                  THAT WAS IT! HE WAS SO KIND AND NOT JUDGEMENTAL AT ALL I WAS VERY VERY FORTUNATE .....
                  and in a group of maybe 5 other filers I was the first one called ........I was shaking!

                  Anyways...don't worry....you'll wiond up like I did..or worse......Luckily my stroke was only in one eye and the nerves not muscles of my one side of the face. Vision is back....face no longer tingles and since my discharge thigs are so much better..

                  OH and finally NOT one creditor was there...not for me or the others in the room with me.....
                  Best of Luck to you.......it'll be ok........
                  \

                  Comment


                  • #10
                    One more thing .please forgive my TYPOS! I just can't type

                    Comment


                    • #11
                      If you have the opportunity, take a visit to the local courthouse and sit in on a few 341 meetings being held by your Trustee. You can sit in completely silent and anonymous. The meeting times are public information and are usually available on the Internet. Most Trustees hold a 30 minute meeting where they hear 5-6 cases. If you can afford to spend an hour, you will likely see the whole gamut of cases - mostly they fly through, but some will get hammered. You will also notice that the ones who get hammered generally deserve to be hammered because of their poor preparation, illogical or missing documentation, or because they think they are smarter than the Trustee and try to play "cute" rather than being honest.

                      Ch 7 isn't a fun thing, and it is OK to be upset or nervous about the process. If it was fun, they would call it "camp" and everyone would do it each summer.

                      Hey, if you need to do a BK, just do it. Be honest in your filing. Get good advice here and from a few good attorneys. Even if your case is a supposed "slam-dunk" I still recommend a good attorney who will be there for you to prep your filing and will back you up in case something goes sideways.

                      The worst you can do is postpone your decision until you have no options or control over the process. The 341 is nothing more than a legal formality if your filing is complete and honest. I posted a few "What I Learned" postings several months back that summarize ... um ... what I learned, including the Big Step of making a decision and notes about the 341.

                      Comment


                      • #12
                        Your not being silly this is a very stressful time
                        Originally posted by AngelinaCat View Post
                        Read through the 'stickies' in the 341 Section. Those will give you an idea of how to prepare and what to expect. It is a very rare occurrence when a creditor shows up at a 341 and objects.

                        As Frogger said, as long as you are honest, there will be no problem. Welcome to the Forum!

                        Comment


                        • #13
                          Originally posted by btbeme View Post
                          You will also notice that the ones who get hammered generally deserve to be hammered because of their poor preparation, illogical or missing documentation, or because they think they are smarter than the Trustee and try to play "cute" rather than being honest.
                          Now these are fun to watch! When the trustee brings out the hammer and starts pounding, the debtor figures out really quick that they have pee'd in their corn flakes. As stated, these are well deserved.
                          All information contained in this post is for informational and amusement purposes only.
                          Bankruptcy is a process, not an event.......

                          Comment


                          • #14
                            Don't stress about the 341. I was really worried because the 2nd mortgage that was suing us in our foreclosure had been such pains to deal with. They didn't show (nobody did). If you are honest, and have done your paperwork properly, you have nothing to worry about. I don't know what happens when they object, but most likely they won't and even if they did, they have to prove it (and that takes more of their time and money...which is not cost effective because I would imagine they would lose if it's an honest filing.)
                            Jen
                            "...and how is it that bankruptcy is considered an "easy" way out by some???"

                            Comment


                            • #15
                              I dug up my post concerning my experience at the 341. If you have the time, feel free to read it. Hopefully it can make you feel just a little better! Also, as others have said, and I wish I would have done this, you should go and sit in on some.

                              http://www.bkforum.com/showthread.ph...one!-My-review.
                              Decided on Chapter 7: October 13, 2010; Retained Attorney: October 20, 2010; Filed Chapter 7: February 4, 2011; 341 Meeting: March 23, 2011; Discharged: May 24, 2011

                              Comment

                              Unconfigured Ad Widget

                              Collapse
                              Working...
                              X