Open Bankruptcy Project

The § 341 Meeting of Creditors

The § 341 meeting of creditors is mandatory for every Chapter 7 case. The trustee questions the debtor under oath about the petition contents. Creditors may attend (rarely do for consumer cases). For most filers, the meeting is brief and routine.

Format and logistics

Standard trustee questions

The trustee asks a standardized set of questions under oath:

  1. Did you read the petition before signing?
  2. Are you familiar with its contents?
  3. Are the schedules and statement of financial affairs accurate to the best of your knowledge?
  4. Have all assets been listed?
  5. Are there any expected inheritances, lawsuit recoveries, or insurance proceeds?
  6. Have you transferred any property within the look-back periods?
  7. Have you made any payments to family members or close friends in the last year?
  8. Are any tax returns due that haven't been filed?
  9. Have you given the trustee all required documents?

Common follow-up questions

Trustees often ask additional questions based on what's on the petition:

Creditor attendance

Creditors are notified and may attend. In practice:

What can go wrong

Preparing for the meeting

For attorney-represented debtors, counsel typically prepares the client through a brief pre-meeting walk-through. For pro se debtors: