Hi! Are creditors more likely to object Before or After the 341 meeting?

[butterflywings]

My guess is after. What do you all think?

[cirnrab]

my guess is after too, because they have more time to dig for more into your affairs

[PaKettle]

My attorney told me that creditors almost never show up at the 341 meeting. If they are going to object, they call the attorney and talk it over, and then your attorney calls you to talk about it.

I was afraid of objections because I had a lot of balance transfers into my bank account (basically cash advances but technically they were transfers at transfer rates) - albeit most were over 6 months old, but I had quite a bit right around 6 months before filing. I also had quite a bit around 6 month-1 yr before filing. I had spent a lot on dental and also just supplementing my income but without realizing how much I was doing so.

And I had no objections.

So it seems to be the rule of thumb that if you do not have a lot of cash advances, balance transfers, or large expenditures within 6 mo. of fililng, you will probably sail through okay. If you have a lot within 3-6months of filing you may get objections. And if you have any big expenditures or transfers within 70 days or so you very likely will get objections. So sometimes it pays to wait to file. My attorney had me wait a couple more months to put more time in between my cash advances and my filing. That is the one right thing I think he did!

[HHM]

Yes, generally speaking, if a creditor is going to object, it will be during the time between the 341 meeting and your discharge.