CREDITORS MEETINGS

A creditors' meeting provides a creditors and the bankruptcy trustee with the opportunity to examine you under oath concerning your bankruptcy petition.  The proceeding is recorded by the United States Trustees office, and the statements you make are given under oath and penalty of perjury.  In Richmond, the proceedings take place in the federal Counthouse for the Eastern District of Virginia. You may not bring a cell phone into the building.  Also the marshall's service will not allow you to place your cell phone in a locker.  DO NOT BRING A CELL PHONE to the creditors meeting in Richmond.  It is very important that you give any requested documents to our office in a timely manner.  The Trustee's office wants to receive documents a week before the hearing so that the trustee and the attorneys and staff at the United States Trustee's Office have a chance to review the documentation before the meeting.  At the meeting you will be required to fill out an interrogatory form.  Except for issues concerning your statement of intention this form is not too difficult.  Clients never get the statement of intention question correct.  In the bankruptcy petition, the statement of intention is an statement by you concerning how you want to handle secured debts appearing on Schedule D and any leases appearing on Schedule G.  Frequently, clients affirm that automobile loans and mark retain and continue to pay for secured loans on real estate.  This blog is not intended to render legal services to the reader, including advice about bankruptcy or taxes. Consult with a lawyer concerning the specific application of the law to your unique circumstance.