Dave
07-28-2003, 01:14 PM
My 341 meeting is scheduled for this Wednesday. What kind of questions can
I expect to be asked?
I expect to be asked?
View Full Version : 341 Meeting
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Dave 07-28-2003, 01:14 PM My 341 meeting is scheduled for this Wednesday. What kind of questions can I expect to be asked? Robert Stumpf 07-28-2003, 09:45 PM The actual questions vary, but the intent is basically the same- the trustee wants to find out if you have transferred or hidden any assets that might be used to pay off creditors, or abused the rules in any other substantial way. In Chapter 7 cases, though, there are usually few non-exempt assets available, otherwise the filer would probably not being filing in the first place. :-) Coupled with the fact that creditors, except sometimes for Sears, rarely show up at these meetings, and they are pretty much an quick formality. In NY, they seem to like to ask you what was your last major purchase, and this sometimes throws my clients, even though I tell them to be ready for it. I think people get nervous when they have to talk to the trustee, which really isn't necessary- it's nothing to worry about. ***** Rob Stumpf, Esq. Stumpf and Ginter, Attorneys at Law Practicing Bankruptcy in NY and NJ visit us at www.online-law-firm.com or email rob@online-law-firm.com Disclaimer: No email or newsgroup communication is to be construed to establish any sort of an attorney-client relationship, is not legal advice, and is not a replacement for the advice of a competent attorney in your jurisdiction. "Dave" <rstewart1@home.com> wrote in message news:6-6dnXmeSciMGbiiU-KYgg@comcast.com... My 341 meeting is scheduled for this Wednesday. What kind of questions can I expect to be asked? |
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