341 Meeting Instructions
Attorney Name Here
ATTORNEY AT LAW
Law Firm Address
__________________________________
Phone:_______________ FAX:_____________ Mail:_______________
Date:____________________
Client Name:______________
Client Address: ____________
________________________
Re: USBC No.: ____________/Meeting of Creditors/Meeting of Creditors and First Payment
Dear Mr & Mrs. _______:
By now you should have received notice from the United States Bankruptcy Court about your Meeting of Creditors.
Your meeting of creditors hearing, also known as a “341 hearing” has been set for __________ DATE AT _________AM/PM
at the ______________________________________. Your hearing will take place on the __floor, _____Room. This federal
building is located at ___________Street, ________ MD, ZZZ.
It is very important that you attend this hearing for your bankruptcy case to proceed. If you are unable to make it to this
hearing, please let me know as soon as possible. Please arrive 20 to 30 minutes prior to the hearing time to allow for
getting through courthouse security.
Federal courthouses have similar security procedures to flying.
Please bring with you two forms of identification. Please refer to the enclosed instructions and bring one form of
identification from each category. Please be advised that the Trustee will not conduct the hearing without these two forms
of identification. Also enclosed is a copy of the Chapter 13/Chapter 7 Rights and Responsibilities document from the
Bankruptcy Court, which we will discuss prior to your hearing. Finally, I have enclosed a list of common questions that are
frequently asked by the Trustee at your hearing.
It is also very important that you make your first monthly payment to the Trustee, which is due ONE MONTH from the date
of filing. The Chapter 13 Trustee will not accept cash payments in court. If you have an Employer Deduction Order (EDO)
where your Chapter 13 payments are deducted from your paycheck, these may take a month or more to begin, thus you
must mail your payments directly to the Trustee until the deductions begin. (Chapter 13 cases only)
Thank you for retaining us to assist you with your bankruptcy. If you have any questions or need any additional
information, please do not hesitate to contact me at any time.
With kindest regards, I remain
Very truly yours,
Attorney Name
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341 Meeting Instructions
Documents checklist for trustee meeting:
1. Picture Identification ( Drivers License/Government ID/Passport)
2. Social Security Card
3. copies of recent Federal Income Tax Returns
4. Recent pay advices
5. Copies of bank statements
6. Copies of all retirement documents and a current statement reflecting the balance
7. Copies of vehicle titles to show that the lender for the car loan has perfected its interest in the vehicle.
8. Ownership Interests in Real Property title, value, mortgage and current balance
9. W-2 if any
10. Copy of your own schedules & SOFA
As always, if you have any questions, please call us at ____________________
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341 Meeting Instructions
QUESTIONS YOU MIGHT BE ASKED AT YOUR “341 MEETING OF CREDITORS”
The 341 Meeting of Creditors is an administrative proceeding conducted by your Trustee’s office. Your attendance at this
hearing is mandatory. If your spouse and you are filing together, then both are required to attend. One of our attorneys
will be present to assist and represent you. Basically, the 341 Meeting is intended to provide the Trustee an opportunity to
briefly meet with you and review your case to be sure that it meets the legal requirements of the Bankruptcy Code and
that you are following your plan appropriately. The 341 Meeting also gives your creditors the chance to ask about the
status of their collateral and claims. The following is a list of several of the questions that are typically asked at the 341
Meeting. We suggest that you review and familiarize yourself with them prior to your hearing.
General Information
1. State your name and current address for the record.
Name: ______________________________________
Physical Address:______________________________
___________________________________________
Mailing address: ______________________________
___________________________________________
Spouse name:
Physical Address: ______________________________
___________________________________________
Mailing address: ______________________________
___________________________________________
2. Please provide your picture ID and Social Security number card for review.
3. Did you sign the petition, schedules, statements, and related documents and is the signature your own?
Ans: Yes No
Did you read the petition, schedules, statements, and related documents before you signed them?
Ans: Yes No
4. Are you personally familiar with the information contained in the petition, schedules, statements and related
documents?
Ans: Yes No
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341 Meeting Instructions
To the best of your knowledge, is the information contained in the petition, schedules, statements, and related documents
true and correct?
Ans: Yes No
Are there any errors or omissions to bring to my attention at this time?
Ans: Yes No
5. Are all of your assets identified on the schedules?
Ans: Yes No
Have you listed all of your creditors on the schedules?
Ans: Yes No
Prior Bankruptcy Filing
6. Have you previously filed bankruptcy? (provide trustee with case number and the discharge information to determine
discharge eligibility in this case)
Ans: Yes No
Current Employment
7. What is the address of your current employer?
________________________________________________________________________________________________
___________________________________________________________
Tax returns
8. Is the copy of the tax return you provided a true copy of the most recent tax return you filed?
Ans: Yes No
Domestic Support Obligations
9. Do you have a domestic support obligation?
Ans: Yes No
To whom?
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341 Meeting Instructions
Ans: ______________________________________________________________________________
Please provide the claimant’s address and telephone number, but do not state it on the record.
____________________________________________________________________________________________________
_____________________________________________________
Bankruptcy Information Sheet
10. Have you read the Bankruptcy Information Sheet provided by the United States Trustee?
Ans: Yes No
OTHER QUESTIONS THE TRUSTEE MAY ASK YOU
Real Property and Mortgage details
1. Do you own or have any interest whatsoever in any real estate?
Ans: Yes No
If owned: When did you purchase the property?
Ans: ______________________________________________________________________________
How much did the property cost?
Ans: ______________________________________________________________________________
What are the mortgages encumbering it?
Ans: ______________________________________________________________________________
What do you estimate the present value of the property to be?
Ans: ______________________________________________________________________________
Is that the whole value or your share? How did you arrive at that value?
Ans: ______________________________________________________________________________
If renting: Have you ever owned the property in which you live and/or is its owner in any way related to you?
Ans: Yes No
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341 Meeting Instructions
Property Transfers
2. Have you made any transfers of any property or given any property away within the last one year period (or such longer
period as applicable under state law)?
Ans: Yes No
If yes: What did you transfer?
Ans: ______________________________________________________________________________
To whom was it transferred?
Ans: ______________________________________________________________________________
What did you receive in exchange?
Ans: ______________________________________________________________________________
What did you do with the funds?
Ans: ______________________________________________________________________________
Others holding debtor’s property
3. Does anyone hold property belonging to you?
Ans: Yes No
If yes: Who holds the property and what is it?
Ans: ______________________________________________________________________________
What is its value?
Ans: ______________________________________________________________________________
Debtor Claims
4. Do you have a claim against anyone or any business?
Ans: Yes No
If there are large medical debts, are the medical bills from injury?
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341 Meeting Instructions
Ans: Yes No
Are you the plaintiff in any lawsuit?
Ans: Yes No
What is the status of each case and who is representing you?
Ans: ______________________________________________________________________________
Life insurance proceeds or inheritance
5. Are you entitled to life insurance proceeds or an inheritance as a result of someone’s death?
Ans: Yes No
If yes: PIease explain the details.
Ans: ________________________________________________________________________________________________
__________________________________________________________________________________________________
Accounts Receivable
6. Does anyone owe you money?
Ans: Yes No
If yes: Is the money collectible?
Ans: Yes No
Why haven’t you collected it?
Ans: ______________________________________________________________________________
Who owes the money and where are they?
Ans: ______________________________________________________________________________
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341 Meeting Instructions
Large payments
7. Have you made any large payments, over $600, to anyone in the past year?
Ans: Yes No
Income tax Filing and Tax Refunds
8. Were federal income tax returns filed on a timely basis?
Ans: Yes No
When was the last return filed?
Ans: ______________________________________________________________________________
Do you have copies of the federal income tax returns?
Ans: Yes No
At the time of the filing of your petition, were you entitled to a tax refund from the federal or state government?
Ans: Yes No
If yes: Inquire as to amounts.
Ans: ______________________________________________________________________________
Bank Accounts details
9. Do you have a bank account, either checking or savings?
Ans: Yes No
If yes: In what banks and what were the balances as of the date you filed your petition?
Ans: ______________________________________________________________________________
Cash on hand, CD’s & Safe Deposit Boxes
10. When you filed your petition, did you have:
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341 Meeting Instructions
a. any cash on hand?
Ans: Yes No
b. any U.S. savings bonds?
Ans: Yes No
c. any other stocks or bonds?
Ans: Yes No
d. any certificates of deposit?
Ans: Yes No
e. a safe deposit box in your name or in anyone else’s name?
Ans: Yes No
Automobiles
11. Do you own an automobile?
Ans: Yes No
If yes: What is the year, make, and value?
Ans: ______________________________________________________________________________
Do you owe any money on it?
Ans: Yes No
Is it insured?
Ans: Yes No
Life insurance policies
12. Are you the owner of any cash value life insurance policies?
Ans: Yes No
If yes: State the name of the company, face amount of the policy, cash surrender value, if any, and the beneficiaries.
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341 Meeting Instructions
Winning lottery tickets
13. Do you have any winning lottery tickets?
Ans: Yes No
Anticipation of any property
14. Do you anticipate that you might realize any property, cash or otherwise, as a result of a divorce or separation
proceeding?
Ans: Yes No
Statement of Intention (if chapter 7 case)
15. Regarding any consumer debts secured by your property, have you filed the required Statement of Intention with
respect to the exemption, retention, or surrender of that secured property?
Ans: Yes No
Please provide a copy of the statement to the trustee.
Have you performed that intention?
Ans: Yes No
Business Information
16. Have you been engaged in any business during the last six years?
Ans: Yes No
If yes: Where and when?
Ans: ______________________________________________________________________________
What happened to the assets of the business?
Ans: ______________________________________________________________________________
In cases where debtors are engaged in business, the following questions trustee may ask you
1. Who was responsible for maintaining financial records?
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341 Meeting Instructions
Ans: ______________________________________________________________________________
2. Which of the following records were maintained?
a. Cash receipts journal
b. Cash disbursements journal
c. General journal
d. Accounts receivable ledger
e. Accounts payable ledger
f. Payroll ledger
g. Fixed asset ledger
h. Inventory ledger
i. General ledger
j. Balance sheet, income statement, and cash flow statements
3. Where are each of the foregoing records now located?
Ans: ______________________________________________________________________________
4. Who was responsible for preparing financial statements?
Ans: ______________________________________________________________________________
5. How often were financial statements prepared?
Ans: ______________________________________________________________________________
6. For what periods are financial statements available?
Ans: ______________________________________________________________________________
7. Where are such financial statements now located?
Ans: ______________________________________________________________________________
8. Was the business on a calendar year or fiscal year?
Ans: ______________________________________________________________________________
9. Were federal income tax returns filed on a timely basis? When was the last return filed?
Ans: ______________________________________________________________________________
10. Do you have copies of the federal income tax returns? Who have the copies?
Ans: ______________________________________________________________________________
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341 Meeting Instructions
11. What outside accountants were employed within the last three years?
Ans: ______________________________________________________________________________
12. Do you have copies of the reports of such accountants? Who have the copies?
Ans: ______________________________________________________________________________
13. What bank accounts were maintained within the last three years?
Ans: ______________________________________________________________________________
14. Where are the bank statements and cancelled checks now located?
Ans: ______________________________________________________________________________
15. What insurance policies were in effect within the last year? What kind, and why?
Ans: ______________________________________________________________________________
16. From whom can copies of such insurance policies be obtained?
Ans: ______________________________________________________________________________
17. If the business is incorporated, where are the corporate minutes?
Ans: ______________________________________________________________________________
18. If the debtor owed any outstanding accounts receivables? From whom? Are they collectible?
Ans: ______________________________________________________________________________
19. Is there any inventory, property, or equipment remaining?
Ans: ______________________________________________________________________________
Of course, this list is not exhaustive, and other questions may be prompted by your responses. However, if you are
prepared to answer these questions honestly and completely, it will make your 341 Meeting move much more quickly and
smoothly, with the least amount of inconvenience to you.
As always, if you have any questions about the above information, or any other aspect of your case, please do not hesitate
to contact our office.
XYZ Law Firm
________________
www.XYZBKLAWFIRM.com
341meetinginfo@XYZBKLAWFIRM.com
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341 Meeting Instructions
Source: American Bankruptcy Institute
Handbook for Chapter 7 Trustee: Appendix A Section 341(a) Meeting of Creditors
Handbook for Chapter 13 Trustee: Appendix C Section 341(a) Meeting of Creditors
Bankruptcy U.S. Courts
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