Question by Penny Lane: How does a meeting of creditors for bankruptcy go?
1) Do the creditors usually show up?
2) How long should I expect it to take?
3) Do they give you a hard time? Im afraid im going to get lectured or that they will make it personal. Probably stupid.
4) After that, how long does a discharge take. Im in UT.
THANKS
Best answer:
Answer by Dark Green Money
1. It’s called the meeting of creditors.
But mostly, it’s the meeting with the trustee who represents all the creditors.
They CAN show up, but they seldon do.
2. Usually about 5 minutes
3. These worries are unfounded. They will only give you a hard time if you have an ability to repay either through income or liquidation of unexpempt assets. Especially unlisted assets.
4. About 3 months. Don’t forget to file your Debtor’s Education certificate. On your 341 notice, notice the final date for creditors to object. That’ll be your discharge date 99 out of 100 times.
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