Creditor’s Meetings in Colorado – 341 Hearing

Learn more about the 341 hearing, or creditor's meeting, in Colorado.
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In a Chapter 7 and Chapter 13 bankruptcy case in Littleton, Centennial and everywhere else in Colorado, you must attend a creditor’s meeting. This is also known as a 341 meeting. The bankruptcy trustee assigned to your case will conduct the 341 hearing.

Why Hold a Creditor’s Meeting in Douglas County and Across Colorado?

A creditor’s meeting occurs whether you file in Castle Rock, Douglas County or anywhere across Colorado to make sure all information in your paperwork is correct and that there is no fraud going on. Having an experienced bankruptcy lawyer guide you through your Chapter 7 or Chapter 13 bankruptcy will eliminate any anxiety you have over the creditor’s meeting in Colorado. Filing bankruptcy with an attorney will ensure you file correctly, honestly and more efficiently.

What Questions Will Be Asked at a 341 Meeting?

The most common questions asked at a creditor’s meeting, or 341 hearing in Lone Tree, Aurora and across Colorado are:

  • Have you filed for bankruptcy before?
  • Do you have a domestic support obligation?
  • Did you list all creditors? All assets?
  • Are your bankruptcy petition, statements, schedules and all related documents correct to the best of your knowledge?
  • Before filing your bankruptcy schedules with the court, did you review and sign them? Is the signature your own?
  • Are there any errors or omissions you want to discuss?
  • Does anyone owe you money?
  • Is the copy of the tax return you provided a true copy of the most recent tax return you filed?

There are many more questions that a skilled bankruptcy attorney can help you better prepare for. Read a longer list of commonly asked or required questions at a creditor’s meeting.

Do Creditors Show up to the 341 Hearing?

In most cases in Greenwood Village, Cherry Creek and across Colorado, creditors will not show up at this meeting. For the most part, the main people at a creditor’s meeting are your attorney and the trustee, sometimes ex-business partners, the IRS, or the Colorado Department of Revenue.

Creditor’s Meeting Preparation: Consult a Bankruptcy Lawyer

Thinking about and preparing for the creditor’s meeting (341 hearing) in Denver, Highlands Ranch or anywhere else in Colorado can create a lot of stress. Bankruptcy comes with a lot of rules and can be a long process if you try to file alone. Working with knowledgeable bankruptcy attorney Barry Arrington is a good idea if you’re overwhelmed or confused by the bankruptcy process. Call Barry today to set up a free initial consultation so you can better prepare for your creditor’s meeting.

If you have more questions about the 341 hearing in bankruptcy, contact experienced bankruptcy attorney Barry Arrington for a free initial consultation. Contact him today at 303-205-7870.

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