Had our 341 on Tuesday. The trustee was a peach. He took great pains to explain to everyone there that it is very important to report any "claims" they may have against anyone. He explained that that meant any money you may receive in the future - from inheritance, insurance settlements, etc. You have six months from the date of your filing to report these claims.
The meeting procedure was very simple. We provided proof of identity (photo ID and Soc. Sec. card) to the trustee's assistant and then were sworn in. Stated our names and address. He ask us, as well as everyone before us, if we had received the form explaining bankruptcy. He also wanted to know if we had read and agreed with all of the information on our petition before we signed it. In our case he asked how we had established the worth of our house. We told him it was the latest tax appraisal figure - he found this acceptable and excused us. He did mention that he would enter non-distribution (I took this to be a good thing).
All of this took only about two minutes.
Then we headed to a local bar for a stiff drink.
If your petition is filled out correctly, and you are not trying to hide anything, the 341 is a breeze.
One other thing - the financial management certificate is to be filed within 45 days after the 341 meeting (as per the trustee). But, because there has been such confusion regarding this one filing, the clerk of the court was accepting them anytime after the initial filing.
Again, thank all of you who have helped us get through this.
Now it is time to move on to a new adventure.
The meeting procedure was very simple. We provided proof of identity (photo ID and Soc. Sec. card) to the trustee's assistant and then were sworn in. Stated our names and address. He ask us, as well as everyone before us, if we had received the form explaining bankruptcy. He also wanted to know if we had read and agreed with all of the information on our petition before we signed it. In our case he asked how we had established the worth of our house. We told him it was the latest tax appraisal figure - he found this acceptable and excused us. He did mention that he would enter non-distribution (I took this to be a good thing).
All of this took only about two minutes.
Then we headed to a local bar for a stiff drink.
If your petition is filled out correctly, and you are not trying to hide anything, the 341 is a breeze.
One other thing - the financial management certificate is to be filed within 45 days after the 341 meeting (as per the trustee). But, because there has been such confusion regarding this one filing, the clerk of the court was accepting them anytime after the initial filing.
Again, thank all of you who have helped us get through this.
Now it is time to move on to a new adventure.
- Report of No Distribution 
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