You have filed for bankruptcy and are now scheduled to go to something called a "First Meeting of Creditors," also called a "341a Hearing" after the section of the bankruptcy code that requires that this be held.  What is it?  Why do you have to go?

This hearing is nothing more than a meeting with your bankruptcy trustee during which you will be placed under oath and asked questions about your bankruptcy filing, and it is scheduled for a date 30-45 days after you file your bankruptcy.  Your attorney will be there with you.  There is nothing to fear about this meeting, and if everything goes well, and you provide all the information that the trustee requires, there will be no "second" meeting; you will be finished other than dealing with possible car loan reaffirmations and taking your debtor education class.

Another thing to bear in mind is that although it is called a "meeting of creditors," creditors themselves rarely show up!  Even if they do, their questions are limited by the trustee.  Thus this meeting is really all about you and the trustee, with your attorney there to help you.

The Law Office of Steven J. Richardson serves New Jersey, including:  Gloucester, Camden, Burlington, Salem, Cumberland and Atlantic Counties and surrounding New Jersey communities, including Woodbury, Colonial Manor, North Woodbury, Woodbury Heights, Deptford, Thorofare, Gloucester City, Washington Township, Blackwood, Brooklawn, Westville and Pitman.

Richardson Law Offices
40 Newton Avenue
Woodbury, NJ 08096
Phone: (856) 686-9910
Fax: (856) 686-9911