Yes, and the meeting is called a creditors' or 341 meeting. This mandatory meeting allows the Trustee to pose any questions he or she has about your filed documents and your assets, expenses, income, and liabilities. The creditors' meeting is one of the most vital parts of your bankruptcy case.
While you may be imagining a scenario with your creditors bombarding you with questions, that isn't the reality of the meeting. 99% of the time your creditors don't even show up. Most creditors know that, unless there is fraud involved, they no longer have control of that debt. That is just one example of how powerful the bankruptcy laws are.
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You will have to answer questions from the Trustee, though. Nonetheless, your court experience for your Missouri or Illinois Chapter 13 can be much smoother and easier if your bankruptcy attorney comes with you. A great bankruptcy attorney will prepare you for the questions that will be asked before you go to meet with the Trustee and accompany to the meeting itself.
Just remember, this isn't a meeting you want to miss. If you don't attend the first meeting, your case will be dismissed unless your attorney asks for a continuance. If you don't attend your second meeting, however, there is no saving your case. You won't be able to re-file again for 6 months.
That means it could be another six months before you can get protection from foreclosure, credit card debt help, and relief from your creditors. Can you imagine spending another 6 months in debt when you were so close to getting relief for you and your family?
Make sure your St. Louis or Wentzville Missouri attorney has a system in place to notify you of the original meeting or of any rescheduling. Obviously, missing your 341 meeting is a critical error.
If you are filing a Missouri or Illinois Chapter 13 by yourself, you will have to face the trustee and any questions by yourself. Most who file by themselves find this to be one of the most unpleasant parts of their bankruptcy. If you decided against getting a bankruptcy lawyer at a St. Louis law firm, do your best to prepare yourself by researching the process and making sure your schedules and means test are accurate.
Where should you look to start your research? Start with free information from reputable attorneys in your area.
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