What is a Creditors’ Meeting? – NJ Bankruptcy Glossary

Definition of the NJ Bankruptcy Term – Creditors’ Meeting

Creditors’ Meeting:

the meeting of creditors required by section 341 of the Bankruptcy Code, at which the debtor is questioned about his or her financial affairs (a.k.a. 341 meeting)

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Note: the above definition of Creditors’ Meeting was written in a simplified form for non-lawyers and may require a legal interpretation of how Creditors’ Meeting may impact your bankruptcy filing.