McCord & Hemphill | Bend Attorneys | Bankruptcy | Estate Law

meeting of creditors

The Bankruptcy Hearing: The “Meeting of Creditors” or “341 Hearing”

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Brian Hemphill Last updated: October 19th, 2020 In every bankruptcy proceeding, the debtor must attend a hearing called the “Meeting of Creditors” and submit to an examination under oath.  The hearing is sometimes also called the “341 Hearing” because it is required by Section 341 of the Bankruptcy Code. In most bankruptcy cases, the Meeting... [Read More]

Who is the Bankruptcy Trustee?

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Brian Hemphill Last updated: October 15th, 2020 When you get involved with bankruptcy proceedings, you hear a lot about the “trustee”. The bankruptcy trustee plays a critical role in bankruptcy, so it is important for you to understand who the bankruptcy trustee is and the bankruptcy trustee’s role in a bankruptcy case.  Generally speaking, the... [Read More]