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

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as 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: (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 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

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 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

Creditors showing up at 341

  • Filter
  • Time
  • Show
Clear All
new posts

  • Creditors showing up at 341

    My wife and I owe about 23K on one credit card AMEX that we haven't used since Jult 2003. What are the chances of AMEX showing up and what would they say at the meeting???

  • #2
    Originally posted by newperson1127
    My wife and I owe about 23K on one credit card AMEX that we haven't used since Jult 2003. What are the chances of AMEX showing up and what would they say at the meeting???

    Over 2 years ago I say "don't worry". Anything is possible but highly unlikely they will show.

    Let us know what happens and good luck!


    • #3
      Of all the cases that I watched before my case (about 10-11).... there wasn't a single creditor in the place! I saw where someone stated that unless the creditor has a legitimate reason to think there was fraud then they know it is worthless for them to show up at the meeting. I'd say, don't worry about it.


      • #4
        And even if there were fraud, they'd be more likely to contact your attorney ahead of time and try to work out a deal. Better for them that way than dealing with the BK court.
        Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.


        • #5
          I had my 341 on Monday, and only one creditor showed up for the 30 or so cases. And he was a local landlord, but he didn't even ask any questions.
          "If the truth ceases to exist, then so shall we all."


          • #6
            We owed about $18K to one CC and used it as recently as 2 months before filing. I was SURE they would show up to allege some kind of fraud (even though we really hadn't been trying to take advantage...that's just how things worked out). But we had our 341 yesterday and no creditors were there.


            • #7
              we watched several cases before ours, there were 2 cases that had creditors show up. One guy was trying to hide 6 train engines ([email protected]!?$&) and another one wanted to know where a tractor was that was used as security for a loan. The first guy was trying to squeek out of returning the trains, said it was all handled by "corporate." But the trustee says, how many stockholders are there? the guy answers, just me... trustee says, then you are corporate. he was ordered to turn over the trains. Then he tells the girl from the bank that they are in some city, can't remember which one, but it was a big one. Shes like, no, i need a street address. he was ordered to provide it by the next day to her.

              as long as your not trying to hide things, i think you'll do fine


              • #8
                You have to be pretty bold to try to hide TRAINS!
                Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.


                • #9
                  I agree...the likelihood of AMEX showing up is slim and none especially after so long a period of time. I too saw a few creditor show up at our 341 but they were loan companies. The filers apparently had a lot of land and they were drilled for what seem to be a really long time. Other than that typically creditors contact your attorney prior to the 341 if they have issues. A friend of mine filed a few years ago and one of the department stores told her lawyer they were going to challenge her clothing purchases for her son. The purchases were nominal and made several months before she filed. The creditor did not show up. The lawyer believed they were trying to intimidate her. The only creditors that might show up would be ones trying to get the reaffirmation papers signed.


                  • #10
                    In the 20-plus 341 meetings I've seen on two different days, not one creditor showed up.
                    I'm in N. California ... Thanks for your replies!
                    10/11/05: bought software
                    10/14/05: Filed Ch 7 BK Petition pro se skeleton
                    10/27/05: Filed all schedules, etc.
                    11/17/05: 341 meeting (done!)
                    01/16/06: Last day to file objections
                    01/18/06: Discharged, closed

                    Bankruptcy LINKS


                    • #11
                      "In the 20-plus 341 meetings I've seen..."

                      quest, lol you sound like me!
                      Im not an attorney or a trustee. You cant trust me either though!

                      [x] - Done with 341? Join the 60 Day Club! ___________[x] - Im Discharged! Whoo Hooo!
                      [x] - Poll: Should I File Pro-Se ____________________[x] - New BK Law: Median Income, Means Testing and Presumptive Abuse
                      [x] - Zombie Debt Collectors Dig Up Your Old Mistakes _-[x] - Bankruptcy Law Resource
                      [x] - Need A Fast Answer? Available 24/7!--__________[x] - Dont Be A Hero On Your Budget - You Wont Get An Award!


                      • #12
                        They won't show. After all, they would have to pay someone just to show up with little or no chance of recovering anything, which would only increase their loss. Just don't expect to be getting another amex card for about um, 10 yrs.


                        • #13
                          He likes pulling the choo-choo? )Yea, mixed message!)

                          Originally posted by StaciMM
                          You have to be pretty bold to try to hide TRAINS!

                          Actually, the guy was probably a collector...They are quite a weird buunch. If the trustee demanded I sell all except for my clothes, I'd surely do so..I have NO interest in hiding stuff, nor getting someone like that after me!


                          Unconfigured Ad Widget