Montana Mont. LBF 7. TRUSTEE'S NOTICE of DEBTOR'S FAILURE TO APPEAR AT Sec. 341(a) MEETING; AND REQUEST FOR DISPOSITION [MONT. LB 2003-7] is a form used by a bankruptcy trustee to notify the court that the debtor did not appear at the Section 341(a) meeting of creditors. This form is required to be filed when the debtor fails to appear at the meeting of creditors and the trustee wishes to have the case disposed of. This form is used in Chapter 7 bankruptcy cases in the state of Montana. There are two types of this form: one for a joint debtors filing, and one for a single debtor filing. The form includes information about the debtor(s), the date of the meeting, and the trustee’s request for disposition of the case.
Montana Mont. LBF 7. TRUSTEE'S NOTICE of DEBTOR'S FAILURE TO APPEAR AT Sec. 341(a) MEETING; AND REQUEST FOR DISPOSITION [MONT. LBR 2003-7]
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Mont. LBF 7. TRUSTEE'S NOTICE OF DEBTOR'S FAILURE TO APPEAR AT Sec. 341(a) MEETING; AND REQUEST FOR DISPOSITION [MONT. LBR 2003-7]
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Creditors usually do not show up for this meeting. Any of your testimony will be recorded and used against you if there is a dispute. Your answers must be brief and direct.
It is also referred to as a 341 meeting because it is mandated by Section 341 of the Bankruptcy Code. Creditors are not required to attend these meetings, and do not waive any rights if they do not attend.
The Chapter 7 meeting of creditors (also called the 341 hearing) is a meeting at which the bankruptcy trustee and your creditors get to ask you questions under oath about your bankruptcy petition and the documents you're required to provide the trustee.
A 341 notice is the notice sent by the bankruptcy clerk to the debtor, the creditors, and all other interested parties, notifying them of the date, time, and place in which the 341 meeting (creditors meeting) will be held.
All debtors MUST attend the First Meeting of Creditors. Failure to attend may result in the dismissal the debtor's case. If a married couple files a joint case, both debtors must appear at the meeting.
At the meeting of creditors?also called the 341 hearing?the debtor meets with the trustee appointed to oversee the case. The trustee will check identification and ask a series of questions about the bankruptcy paperwork. Creditors can attend and ask about financial matters as well, although few appear.
What Questions Will a Bankruptcy Creditor Ask at the 341 Meeting of Creditors? Your creditors will ask you questions about your present and past financial situation, business dealings, and property that you own.
It is also referred to as a 341 meeting because it is mandated by Section 341 of the Bankruptcy Code. Creditors are not required to attend these meetings, and do not waive any rights if they do not attend.