Bankruptcy – Meeting of Creditors

Duties of a Bankrupt – Meeting of Creditors

Every bankrupt is required to attend a meeting of creditors in the unlikely even that such a meeting is called.  Typically, a meeting of creditors is only called if an interested party is skeptical about the financial affairs disclosed by the bankrupt; for example, they may believe that the bankrupt is hiding assets.

Only the Trustee, Superintendent of Bankruptcy, or creditors representing 25% of your debt can demand that such a meeting be held.

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