Sacramento Bankruptcy: What is the 341 Hearing with Creditors?

Both Chapter 7 and 13 bankruptcies require a “Meeting of Creditors.”  This meeting allows the Sacramento Trustee, a non-judicial court-appointed official, to ask the debtor questions about assets and liabilities.  The Sacramento Trustee will run the meeting and verify the accuracy of information submitted to the court.  Likewise, the Trustee will confirm that federal and state limits on assets are not exceeded triggering an exception.  An informal meeting lasting only 5 to 15 minutes, it usually occurs about 30 days after filing.  Remember to bring both a photo ID and Social Security card, which must be presented before the meeting.  Plan to arrive 15 minutes early to consult with your lawyer before the meeting.  Attendance of the meeting is mandatory or you will not have your debts discharged.  Generally, though creditors have the right to appear and ask questions, they choose not to do so.


The Trustee will ask general questions about the documents which have been filed on your behalf.  Examples include:

1)  What is your name and address?

2)  Did you review your bankruptcy petition with your attorney before filing?

3)  Does the filing list all of your debts?

4)  Does the filing list all of your assets?

5)  Are all of the schedules accurate or do corrections need to be made?

6)  Have you ever filed a bankruptcy before?

The meetings purpose is to establish that you qualify to file for bankruptcy and that you have disclosed all assets and liabilities.  Sagaria Law’s Sacramento office is ready to answer your bankruptcy questions in a consultation.  Contact us today!


Attorney Consultation!! $99 Retainer Fee!! Free Bankruptcy Evaluation
Motivation Bills Assets Budget
The law varies from state-to-state — please provide your zip code!

Why are you considering bankruptcy? (select all that apply)

Motivation Bills Assets Budget

What bills do you have? (select all that apply)

Motivation Bills Assets Budget
Do you own real estate ?
If Yes , are you behind in these payments?

Do you own an automobile ?
If Yes , are you behind in these payments?

Do you have any additional assets worth more than $1000.00?
Motivation Bills Assets Budget

What types of income do you have? (select all that apply)

Contact Info Your Evaluation

Call For A Consultation

toll free: 1-866-447-8460