{"id":5425,"date":"2019-07-23T09:07:49","date_gmt":"2019-07-23T09:07:49","guid":{"rendered":"https:\/\/mcintirelaw.com\/?p=5425"},"modified":"2023-05-05T00:24:47","modified_gmt":"2023-05-05T00:24:47","slug":"west-virginia-meeting-of-creditors","status":"publish","type":"post","link":"https:\/\/mcintirelaw.com\/west-virginia-meeting-of-creditors\/","title":{"rendered":"West Virginia Meeting of Creditors"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p>The meeting of creditors or 341 meeting is a hearing that is held after a debtor files for bankruptcy under <a href=\"https:\/\/mcintirelaw.com\/west-virginia-chapter-7-bankruptcy-attorney\/\"><u>Chapter 7<\/u><\/a> or <a href=\"https:\/\/mcintirelaw.com\/west-virginia-chapter-13-bankruptcy-lawyer\/\"><u>Chapter 13<\/u><\/a>, both of which pertain to consumer bankruptcy in the bankruptcy code. At the meeting, a bankruptcy trustee will ask the bankrupt filer a series of questions related to the bankruptcy case.<\/p>\n<h3 data-fontsize=\"22\" data-lineheight=\"36.74px\" class=\"fusion-responsive-typography-calculated\" style=\"--fontSize:22; line-height: 1.67; --minFontSize:22;\"><span class=\"ez-toc-section\" id=\"The_Trustee_in_a_Bankruptcy\"><\/span><em><i>The Trustee in a Bankruptcy<\/i><\/em><span class=\"ez-toc-section-end\"><\/span><\/h3><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-6629bb8eae94c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6629bb8eae94c\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mcintirelaw.com\/west-virginia-meeting-of-creditors\/#The_Trustee_in_a_Bankruptcy\" title=\"The Trustee in a Bankruptcy\">The Trustee in a Bankruptcy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mcintirelaw.com\/west-virginia-meeting-of-creditors\/#Meeting_Venue_and_Date\" title=\"Meeting Venue and Date\">Meeting Venue and Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mcintirelaw.com\/west-virginia-meeting-of-creditors\/#Legal_Assistance\" title=\"Legal Assistance\">Legal Assistance<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Trustees are lawyers who represent the interests of the creditors who are owed unsecured debts. Their job is to ensure that the bankruptcy information provided in the bankruptcy petition is truthful. For Chapter 7 bankruptcy cases, the main interest is finding out if there are non-exempt assets that the filers own and can use for liquidation for the creditors\u2019 benefit. They make sure that certain assets weren\u2019t forgotten to be included in the list. For Chapter 13 filings, the meeting is focused on the debtors\u2019 disposable income and how much they can pay in the duration of their bankruptcy term.<\/p>\n<h3 data-fontsize=\"22\" data-lineheight=\"36.74px\" class=\"fusion-responsive-typography-calculated\" style=\"--fontSize:22; line-height: 1.67; --minFontSize:22;\"><span class=\"ez-toc-section\" id=\"Meeting_Venue_and_Date\"><\/span><em><i>Meeting Venue and Date<\/i><\/em><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The meeting takes place 20 to 40 days after the case is filed with the bankruptcy court. The hearing schedule is generated by a computer system upon the filing for bankruptcy. Meetings of creditors take place in a meeting room assigned by the court, depending on the county wherein the filer resides. It\u2019s important to take note that filers need to take an online education course prior to the meeting.<\/p>\n<h4 data-fontsize=\"22\" data-lineheight=\"31.46px\" class=\"fusion-responsive-typography-calculated\" style=\"--fontSize:22; line-height: 1.43; --minFontSize:22;\"><em><i>During the Meeting<\/i><\/em><\/h4>\n<p>The <a class=\"linkilo_keyword_link  hyperlinks\" href=\"\/west-virginia-bankruptcy-attorney\/\"  rel=\"dofollow\" title=\"bankruptcy attorney\" data-linkilo-keyword-link=\"linked\">bankruptcy attorney<\/a> may meet with the filer before the meeting or they could simply meet at the venue. Waiting for a turn could take anywhere to mere minutes to an hour. Meanwhile, the meeting itself, which mainly consists of the debtor being interviewed under oath, may take but five minutes.<\/p>\n<p>Despite the name, creditors very rarely attend the meeting. In case one does, he or she will be given the opportunity to ask questions that are relevant to the case.<\/p>\n<p>Bankruptcy petitioners ought to bring the following documents:<\/p>\n<ul>\n<li>Driver\u2019s license<\/li>\n<li>Social security card or a W-2<\/li>\n<li>Bank statements from all accounts, showing their balances on the day of filing<\/li>\n<\/ul>\n<h4 data-fontsize=\"22\" data-lineheight=\"31.46px\" class=\"fusion-responsive-typography-calculated\" style=\"--fontSize:22; line-height: 1.43; --minFontSize:22;\"><em><i>After the meeting<\/i><\/em><\/h4>\n<p>The creditors\u2019 meeting is nothing to be worried about. It\u2019s a straightforward process. Nonetheless, it\u2019s very important; hence, attendance of the filer is a must. Failure to appear can result in the dismissal of the case.<\/p>\n<p>What can be expected after the meeting? The hard part of the bankruptcy process is over. For Chapter 7 filers, the letter of discharge will be delivered in at least 60 days and the case will be closed. For Chapter 13 filers, bankruptcy proceedings usually also involve a confirmation hearing. The case will be confirmed about a month after the meeting unless there is an objection to address. In some areas, confirmation is no longer necessary if there are no objections to the repayment plan and the trustee agrees. The discharge will come in three to five years.<\/p>\n<h3 data-fontsize=\"22\" data-lineheight=\"36.74px\" class=\"fusion-responsive-typography-calculated\" style=\"--fontSize:22; line-height: 1.67; --minFontSize:22;\"><span class=\"ez-toc-section\" id=\"Legal_Assistance\"><\/span><em><i>Legal Assistance<\/i><\/em><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you are experiencing financial problems or having difficulty in debt management, consult a <a href=\"https:\/\/mcintirelaw.com\/\"><u>bankruptcy lawyer<\/u><\/a> to find out which debt relief solutions are appropriate for your circumstances. Many bankruptcy lawyers offer a free consultation to prospective clients. If you need legal advice or legal representation in a bankruptcy case, call us at Thomas E. McIntire and Associates, L.C. to talk to one of our bankruptcy attorneys.<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":5359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mcintirelaw.com\/wp-content\/uploads\/2019\/04\/bankruptcy.jpg?fit=400%2C266&ssl=1","_links":{"self":[{"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/posts\/5425"}],"collection":[{"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/comments?post=5425"}],"version-history":[{"count":1,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/posts\/5425\/revisions"}],"predecessor-version":[{"id":6488,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/posts\/5425\/revisions\/6488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/media\/5359"}],"wp:attachment":[{"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/media?parent=5425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/categories?post=5425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mcintirelaw.com\/wp-json\/wp\/v2\/tags?post=5425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}