Creditors at 341 Meeting

[angellegyrl]

What happens if your creditors show up at the 341 meeting?

[HHM]

Your creditors get to ask you questions about their account and your financial circumstances. Because 341's are supposed to be short, the questioning doesn't last that long, (its not like a full blown deposition), but it can be very stressful.

Its rare that creditors show-up.

[Mom13]

The Department of Justice showed up at ours to object and we had to dismiss Chpt 7 and refile Chpt 13!

[angellegyrl]

I received a letter from my Auto finance company A Notice of Stay. What does that exactly mean?

[rockobuster]

What would make the Dept. of Justice show up at your meeting? Did you owe more than credit card debt?

[Mom13]

Our attorney said it was the current trend of the DOJ when people had 401K/vacation buying..things related to your company benefits - basically "luxury" items in their opinion. Of course, all that stuff is already in place before you find yourself in a situation that might require BK.