When people planning to file bankruptcy hear about the 341 creditors' meeting that is a part of the bankruptcy process, they are often intimidated at the idea of meeting creditors. They may feel guilt or shame over having failed to repay debts that they once agreed to repay. In fact, however, it is very rare for creditors to show up for the 341 bankruptcy meeting at the bankruptcy courthouse.
Why don't creditors appear for the 341 meeting of creditors? Simply because they understand the power of bankruptcy to provide true debt relief, especially when a debtor is represented by an experienced bankruptcy attorney. The creditor usually realizes that the debtor's case for bankruptcy is likely to be sound and understands that time and money will be lost trying to fight it.
Representation at a 341 Meeting of Creditors in Arizona
Clients of The Roll Law Office, PLLC, receive the guidance, support and assistance necessary to complete the process of bankruptcy at every step, including the all-important 341 meeting of creditors. Believe it or not, 90 percent of the battle our law firm faces with bankruptcy clients is to ensure that they comply with the basic requirements of a 341 creditors' meeting:
- The debtor must appear in person.
- He or she must bring a photo ID and Social Security card.
- The debtor should meet with his or her lawyer a few minutes before the 341 meeting of creditors.
As we tell our clients, they are likely to spend more time finding a parking place than in the 341 meeting of creditors, which is often over within about 5 minutes.
Contact an Arizona Bankruptcy Attorney
To learn more about how The Roll Law Office, PLLC, can help you prepare for the 341 meeting of creditors, please contact us today to set up a free consultation. We are well prepared to walk you through the process of a Chapter 7, Chapter 13 or Chapter 11 bankruptcy.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
