What Happens After a Chapter 7 Meeting of Creditors?
So you’ve attended the meeting of creditors (341 hearing) and found out it wasn’t so bad, right? If you had an experienced attorney helping you along the way and you’ve disclosed everything your attorney required when your paperwork was prepared, your meeting of creditors probably went surprisingly well. What happens next?
What to Expect at the Meeting of Creditors Chapter 7
The meeting of creditors (341 meeting) will be relatively quick—in fact, most meetings last less than five minutes. Here’s what to expect.
Ogden Bankruptcy Attorney
Ogden bankruptcy attorney Ryan D Baxter is here to help you obtain a fresh start. We represent debtors through their chapter 7 and chapter 13 cases. In fact, over the past decade, we’ve handled bankruptcy cases for hundreds of Utahns. And we’re upfront with our fees. Most people find the fresh start through bankruptcy is […]
How does a Chapter 7 Bankruptcy Work?
Chapter 7 bankruptcy can be quick and discharges most debts in about four months.
What is Chapter 13 Bankruptcy?
Background A chapter 13 bankruptcy, also known as personal reorganization or a wage earner’s plan, is a bankruptcy plan that permits individuals to repay some or all of their debts while remaining under the protection of a bankruptcy law called the “automatic stay.” 11 U.S.C. § 362. In their chapter 13 case, the debtor(s) propose a […]