Business Studies, asked by sahilmaske6897, 1 year ago

Write short note on Creditors' meeting.

Answers

Answered by Anonymous
5
The meeting of creditors, also called the 341 hearing (because it is required by section 341 of the Bankruptcy Code), is where you meet with the trustee (not the judge) in your bankruptcy case. Creditors may attend as well, although often none will appear. The trustee will ask you a series of questions.
Answered by Anonymous
0
It is also called the 341 hearing

the creditors also attend the meeting
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