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    341= Meeting with trustee?

    I'm confused, I've heard 341 meeting mentioned a lot. I am assuming that that is the meeting with the trustee in court- the actual bk meeting, is this right? If so, why is it called 341?
    Thanks!

    #2
    341A is the section of the bk code that requires the meeting.


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      #3
      My meeting didn't happen in court. It was in a small meeting room located inside the Federal court house. Nothing real formal and most people came directly from work so most were not dressed up.

      There was one long conference table in the room and plenty of full seats with people waiting for their turn with the Trustee and anything above a whisper is obvious.

      It only lasts about 3-5 min. on average and when it's over you start the 60 day countdown til discharge unless there is a problem.
      Filed Chapter 7 (Primarily Business Expenses) 04/10/2008 FICO 468 :cry:
      341 on 05/06/08:unsure:House appraisal on day 63:blink: 07/10/2008 Discharged-Asset Case!!!:yahoo:08/09 Transu 559, Equifax 636, Experian 647
      Case Closed 07/15/2009 :D:yahoo:

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        #4
        Thanks!
        Really, it only lasts 3-5 minutes? I was thinking about 1/2 hour or so.

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          #5
          Originally posted by samantha625 View Post
          Thanks!
          Really, it only lasts 3-5 minutes? I was thinking about 1/2 hour or so.
          I was waiting longer then the actual meeting. The actual 341 was about 4 minutes long but we waited for about an Hour.

          Also like southernbelle mentioned we were in the Bar Association building by the Court House.

          I think the weirdest thing was that you could hear everyone's case other than that it's was not what I was expecting.
          Chapter 7 Filed 5-28-08
          314 Meeting on 7-02-08
          Current Credit Score 628
          Chapter 7 Discharged 9-3-2008

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            #6
            Ours was a little longer then the typical because we are over the median. Maybe 8-10 minutes. They had a list of 10 questions that they ask everyone, our lawyer went over those with us on the 10 minute walk to the building. They were the typical, did you file BK before? Sell anything to relatives? Anything you didn't disclose on the petition? If you are a straight forward 7 it will be a quick painless meeting. Ours was in a too small room with too many people in it, but it didn't have the intimidating look of a court room. Dragonnfly
            Filed Ch 7 - 04/08/2008 - Done
            341 continued 06/30/2008
            Last day for objections - 08/01/2008
            Discharged 08/13/2008

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