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Home > Do creditors typically attend a 341 meeting?

Q: Do creditors typically attend a 341 meeting, also known as a ‘Meeting of Creditors’? 

A: In most cases, creditors do not appear unless they are raising an objection to the discharge of their individual debt, the petitioner’s exemption claim(s) or the discharge of the case as a whole.  Although the meeting is known as a ‘Meeting of Creditors,’ most debtors will appear and be questioned only by the court-appointed trustee for a few minutes of recorded conversation.  If the debtor has retained an attorney, he/she will also attend this meeting.