341 Meeting (Meeting of Creditors)
A required short hearing early in a bankruptcy case where a trustee and any creditors can ask the filer questions under oath.
A few weeks after you file for bankruptcy — usually somewhere between 3 and 6 weeks — you’ll have to show up to what’s called a 341 meeting, or “meeting of creditors.” Don’t let the name spook you: it’s a short, routine session where the trustee handling your case asks you a handful of questions under oath, mostly just confirming your paperwork is accurate and that you actually understand what you filed.
Despite the name, creditors almost never actually show up. Most of these meetings run under 10 minutes, and there’s no judge in the room — just the trustee, asking basic questions to verify your identity and make sure you reviewed everything before signing it.
One thing worth knowing: this isn’t optional, even though it feels routine. If you miss it and don’t get it rescheduled, your case can get dismissed — and that means losing the automatic stay that’s been protecting you from collection in the meantime.
See Filing for Bankruptcy for where the 341 meeting fits into the full process, start to finish.
Frequently asked
Do creditors actually show up to a 341 meeting?
Almost never. Most of these meetings run under 10 minutes and involve only the trustee asking basic questions to confirm your paperwork and identity — there's no judge in the room.
— US Debt Compass Editorial Team
What happens if I miss my 341 meeting?
Your case can get dismissed if it isn't rescheduled, which also means losing the automatic stay that had been protecting you from collection in the meantime.
— US Debt Compass Editorial Team
Sources
- U.S. Courts — Meeting of Creditors— uscourts.gov