Virginia Notice of Rescheduled Meeting of Creditors

State:
Virginia
Control #:
VA-BKR-839E
Format:
PDF
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Description

Notice of Rescheduled Meeting of Creditors

Virginia Notice of Rescheduled Meeting of Creditors is a document that is sent to all parties involved in a bankruptcy case when the date and/or time of the meeting of creditors has been changed. This notice is sent out by the bankruptcy court to inform all parties of the new date and/or time of the meeting. There are two types of Virginia Notice of Rescheduled Meeting of Creditors: the E-meeting Notice and the Post-Meeting Notice. The E-meeting Notice is sent out prior to the meeting to alert all parties of the new date and/or time. The Post-Meeting Notice is sent out after the meeting has been held, informing all parties of the new date and/or time. Both types of Virginia Notice of Rescheduled Meeting of Creditors contain important information regarding the case, such as the date, time, and location of the meeting, as well as contact information for the court.

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FAQ

If any creditors do attend the 341 meeting, it is typically out of curiosity, to ask whether their debt will be reaffirmed, or to ask about the location and condition of their collateral. In most cases, the meeting of creditors is not attended by any of the debtor's creditors.

The Court enters an order discharging individual Debtors after all requirements are met, but no sooner than the last day to object to the Debtor's Discharge. This is usually 60 days after the 1st setting of the 341 Meeting of Creditors unless a motion is filed with the court to extend that time.

What Will the Trustee Ask Me About at the Meeting of Creditors? The trustee can ask you about anything that could affect your bankruptcy. Because your bankruptcy is directly related to your financial situation, most questions involve your debts, assets, income, and expenses.

After the meeting of creditors, the Chapter 7 debtor can only wait for their discharge and answer questions posed by the trustee or provide documents requested by the trustee.

Can You Spend Money After the 341 Meeting? Absolutely! Any money earned after filing for Chapter 7 bankruptcy is yours to do with as you like because post-filing earnings aren't part of the "bankruptcy estate" or bankruptcy case. You can keep it, spend it, or give it away.

You should receive notice of your discharge roughly 90 days after your 341 meeting of creditors. After you get this notice, you can get a loan for a car. However, it's still better to wait so you can improve your chances of being approved for a loan with better rates.

Failure to attend the Section 341 meeting without the prior agreement of the Chapter 13 Trustee or the Bankruptcy Administrator, as applicable, may result in the filing of a Motion to Dismiss the case by the Trustee or the Bankruptcy Administrator.

The Court enters an order discharging individual Debtors after all requirements are met, but no sooner than the last day to object to the Debtor's Discharge. This is usually 60 days after the 1st setting of the 341 Meeting of Creditors unless a motion is filed with the court to extend that time.

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Virginia Notice of Rescheduled Meeting of Creditors