meeting of Creditors
meeting of Creditors
See Section 341(a) Meeting (SA-Bankruptcy.com)

United Glossary of Bankruptcy Terms 2012.

meeting of creditors
Also known as the section 341 meeting or first meeting of creditors. This is an opportunity for the trustee and the creditors to question the debtor about its pre- and post-petition activities, assets, debts, etc. An individual debtor appears in person; a corporation is represented by an executive officer; both must answer questions under oath.

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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