Filing for bankruptcy can feel overwhelming, but the 341 Meeting of Creditors is an essential step in the process. Understanding what to expect and how to prepare can make this experience smoother and less stressful. Whether you’re filing for Chapter 7 or Chapter 13 bankruptcy, this guide will walk you through everything you need to know about the 341 Meeting and how to confidently navigate it.

What Is the 341 Meeting of Creditors?

The 341 Meeting of Creditors is a required part of every bankruptcy case. It is an official hearing where the bankruptcy trustee reviews your case and creditors may ask questions about your financial situation.

Key Facts About the 341 Meeting

  • Mandatory Appearance: All debtors must attend.
  • Timeline: Scheduled approximately four-five weeks after filing your case.
  • Purpose: To verify your identity, ensure all information in your bankruptcy documents is accurate, and allow creditors to ask questions.
  • Duration: Typically lasts 10–15 minutes per case.

Virtual 341 Meetings: Now Video Meeting on Zoom

How Are 341 Meetings Held?

Kansas City 341 Meetings are conducted via Zoom video conferencing.

What You Need for a Zoom 341 Meeting

  • Technology:
    • Smartphone, tablet, laptop, or desktop with:
      • Camera
      • Microphone
      • Internet access
  • Zoom Application:
    • Download the Zoom app on your device if needed.  You will need to download the Zoom app on telephones and tablets. You can use the internet version for desktops and laptops.
    • Access the meeting via Zoom’s website or the app using the provided Meeting ID and Passcode (we include a direct link to the Zoom meeting in your Case Filed email).
  • Quiet Location: Choose a space free from distractions or background noise. You need to approach this video meeting with the same decorum as if it was being held in the courthouse.

Preparing for Your 341 Meeting

Steps to Take Before the Meeting

  1. Test Zoom:
    • Visit Zoom’s test page to check your camera and microphone.
    • Familiarize yourself with muting/unmuting and joining meetings.
  2. Gather Required Documents:
    • A copy of your filed schedules, statement of financial affairs, and any requested paperwork.
  3. Plan Your Setup:
    • Ensure your camera is positioned to clearly show you. The trustee will be viewing your photo identification (provided by our office in advance) and comparing it to you during the meeting.
    • Check lighting and sound quality in your chosen space.

Joining Your Zoom 341 Meeting

  • Arrive Early: Log in at least 5 minutes before your scheduled time.
  • Follow Protocol:
    • Enter your first and last name when prompted.
    • Mute your microphone until your case is called.
    • Keep your camera on and ensure it works properly.

What to Expect During Your 341 Meeting

The Meeting Process

  1. Case Call:
    • Multiple cases are scheduled at the same time.
    • The trustee may conduct a “roll call” before starting individual cases.
  2. Oath and Verification:
    • Raise your right hand and swear to tell the truth under oath.
    • The trustee will confirm your identity using your provided documents.
  3. Standard Questions:
    The trustee will ask:

    • Your name verify you reside at the address listed in your case.
    • Did you sign the petition, schedules, statements, and related documents and is the signature your own? Did you read the petition, schedules, statements, and related documents before you signed them?
    • Are you personally familiar with the information contained in the petition, schedules, statements and related documents? To the best of your knowledge, is the information contained in the petition, schedules, statements, and related documents true and correct? Are there any errors or omissions to bring to my attention at this time?
    • Are all of your assets identified on the schedules? Have you listed all of your creditors on the schedules?
    • Have you previously filed bankruptcy? (provide trustee with case number and the discharge information to determine discharge eligibility in this case)
    • What is the address of your current employer?
    • Is the copy of the tax return you provided a true copy of the most recent tax return you filed?
    • Do you have a domestic support obligation? To whom? Please provide the claimant’s address and telephone number, but do not state it on the record. Are you current on your post-petition domestic support obligations?
    • Did you read the Bankruptcy Information Sheet provided by the United States Trustee?

After these standard questions have been asked, the Bankruptcy Trustee may then ask any additional questions he may have either regarding the testimony that you gave and/or information that was provided in your bankruptcy file. He may also ask for further documentation.

Creditor Participation

  • Creditors rarely attend but may ask relevant questions if present.

Tips for a Successful 341 Meeting

  1. Be Honest and Clear: Answer questions truthfully and concisely.
  2. Stay Professional: Treat the virtual meeting with the same respect as an in-person court proceeding. Do not drive during your meeting.
  3. Avoid Personal Information: Do not disclose sensitive information, such as Social Security numbers, on the record.
  4. Mute When Not Speaking: Reduce background noise and disruptions.

After the 341 Meeting

  • Next Steps: Once the trustee concludes your meeting, you may disconnect from Zoom.
  • Follow-Up: If further documentation or action is needed, your attorney will guide you.

Common Questions About the 341 Meeting

  • Can I bring someone with me?
    • Only your attorney or co-debtor should appear with you. Family or friends are not permitted.
  • What if I miss the meeting?
    • Missing the meeting could delay or dismiss your case. Notify your attorney immediately if you have an emergency.
  • How do I know if my case is complete?
    • Your attorney will confirm when all steps have been finalized.

Take the Next Step With Confidence

Your 341 Meeting is a vital step in the bankruptcy process, but you don’t have to face it alone. With proper preparation and guidance from an experienced Kansas City bankruptcy attorney, you’ll be ready to navigate this hearing smoothly.

Contact us today to schedule a free consultation and ensure you’re fully prepared for your bankruptcy journey!