Three credit reports Savannah

Otherwise, your bankruptcy is complete and you’re able to move on to a fresh start. Make sure you take advantage of this opportunity for a clean slate and good luck.

If you are considering filing for bankruptcy, youve probably heard of the 341 Meeting three credit reports Savannah or the First Meeting of Creditors. The three credit reports Savannah anticipation and anxiety one could go through while waiting for this meeting is enough to drive a person crazy (if the stress of bankruptcy were not enough). I thought it would be helpful to cover briefly what this meeting actually is.

What is a 341 Meeting or First Meeting of Creditors? The First Meeting of Creditors is a meeting in which you (the bankruptcy petitioner), your attorney, and a bankruptcy trustee will essentially meet to go over the facts of the bankruptcy filing. free annual credit report federal It is usually scheduled 30 40 days after the bankruptcy petition is filed and anyone filing a Chapter 13 or Chapter 7 will need to attend one of these meetings. This is an opportunity for any creditors three credit reports Savannah to appear that choose to do so, and either ask questions or challenge any part of the bankruptcy. Sounds scary, but creditors rarely show up and rarely challenge the bankruptcy. What happens at the Bankruptcy Meeting? You will be sworn in and asked a series of questions that three credit reports Savannah range from your name to whether the information you have provided is correct. free credit report and The meeting will also be recorded by court reporter or tape recorded.

Questions you may be asked include the following: This three credit reports Savannah meeting is usually brief, and sometimes more than one is scheduled, so you may be waiting in line with your attorney with a bunch of other bankruptcy filers and their attorneys.

Tips for Surviving the Bankruptcy Meeting It is important that you do not panic and freak out and just answer the questions. The 341 Meeting is not a test that you pass or fail, and no one is trying to trick you or catch you in a lie to throw you in the hoosegow. In the unlikely event that a creditor does appear, they usually just want to make sure they have their facts correct as well and your attorney will be able to handle any challenges that may arise. credit expert