Meeting of Creditors

Next of Kin

A meeting the debtor must attend in a bankruptcy case with the bankruptcy trustee and any creditors who choose to attend. typically, the trustee reviews the debtor’s papers and may ask a few questions; creditors also have the opportunity to ask questions. in a chapter 7 case, creditors rarely attend, and the meeting takes only a few minutes. in a chapter 13 case, creditors are more likely to attend, particularly if they wish to challenge the debtor’s repayment plan.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.