Montana Mont. LBF 33. Materials Required to be Delivered to Trustees Prior to Sec. 341(a) Meetings of Creditors [Mont. LBS 2003-3 and 4003-2] are divided into two categories: 1. E-meeting Documentation: These documents must be provided to the Trustee at least five (5) days prior to the meeting of creditors. This includes: • A copy of the debtor’s petition and schedules • A copy of the debtor’s statement of financial affairs • A copy of the debtor’s list of creditors • A copy of the debtor’s list of property • A copy of the debtor’s statement of intention • A copy of the debtor’s wages and salary history • A copy of the debtor’s tax returns • An affidavit signed by the debtor • Notice of the 341(a) meeting • Any other documents required by the court 2. Post-Meeting Documentation: These documents must be provided to the Trustee within fourteen (14) days of the meeting of creditors. This includes: • A copy of the official transcript of the 341(a) meeting • A copy of the minutes of the 341(a) meeting • An updated list of creditors including names, addresses, and amounts owed • An updated statement of financial affairs • An updated list of property • An updated statement of intention An updated wage ages and salary history • An updated tax return • Any other documents requirecountryrrrt.rt.
Montana Mont. LBF 33. MATERIALS REQUIRED TO BE DELIVERED TO TRUSTEES PRIOR TO Sec. 341(a) MEETINGS of CREDITORS [MONT. LBRS 2003-3 AND 4003-2]
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FAQ
In a chapter 11 case, a representative of the United States Trustee conducts the meeting. The meeting permits the trustee or the representative of the United States Trustee to review the debtor's petition and schedules with the debtor.
The U.S. trustee conducts a meeting of the creditors, often referred to as the "section 341 meeting," in a chapter 11 case. 11 U.S.C. § 341. The U.S. trustee and creditors may question the debtor under oath at the section 341 meeting concerning the debtor's acts, conduct, property, and the administration of the case.
341 Meeting Questions the Bankruptcy Trustee Might Ask Along with the mandatory questions, trustees typically ask about your property and other assets, income, expenses, and debts. Other areas will include discrepancies in your bankruptcy forms and how you came up with a value for various property items.
The Court enters an order discharging individual Debtors after all requirements are met, but no sooner than the last day to object to the Debtor's Discharge. This is usually 60 days after the 1st setting of the 341 Meeting of Creditors unless a motion is filed with the court to extend that time.
The 341 meeting may be continued if: You did not bring adequate proof of identify. The trustee needs more documentation from you to verify information your petition. A creditor needs more time to question you about your obligations.
What Will the Trustee Ask Me About at the Meeting of Creditors? The trustee can ask you about anything that could affect your bankruptcy. Because your bankruptcy is directly related to your financial situation, most questions involve your debts, assets, income, and expenses.
Providing 521 documents Standard documents include your tax returns, bank statements and paycheck stubs, but your trustee may also want other documents such as property deeds, vehicle loan documents and marital settlement agreements, if applicable.