Longer Answer: Very few people who file a personal Chapter 7 Bankruptcy or personal Chapter 13 Bankruptcy ever have to see a Bankruptcy Judge. Bankruptcy Judges only get involved in a Bankruptcy case when there is a dispute that the attorneys cannot resolve, so almost never. However, all people who file a personal Chapter 7 Bankruptcy or personal Chapter 13 Bankruptcy have to attend a Meeting of Creditors.
A Meeting of Creditors, sometimes called a 341 hearing, is not like a normal court date. There is no judge in flowing, black robes, sitting high on the bench, deciding whether or not you deserve a bankruptcy discharge. Instead, you and your attorney meet, for five minutes, with a trustee who asks a few questions to verify your identity and make sure you understand what is happening.
A 341: Meeting of Creditors is casual and very brief. You can dress casually. The trustee is not there to catch you. He is not there to determine whether you deserve a bankruptcy discharge. He just needs to make sure that the paperwork is true and in order. Plus, one of our attorneys will be there to help you through it.
The law assumes that you are entitled to a bankruptcy discharge. You have to do really bad things, like lie on your bankruptcy papers or hide assets, to lose the bankruptcy discharge.
Our attorneys have done hundreds of Meeting of Creditors. Often, the first question a client asks after the Meeting of Creditors is, “Is that all?” The Meeting of Creditors is nothing to worry about.
Contact our experienced attorneys that can guide you through the whole process, even the scary parts. Call Croke & Croke at (414) 435-2776 or send us a message. We serve Milwaukee's south side area, including Bay View, St. Francis, Cudahy, South Milwaukee, Oak Creek, and more.