“341 Meeting” Questions – Chapter 7

Approximately 30 days after your case is filed, you must “attend” a Section 341 First Meeting of Creditors (“341 Meeting”) where the Trustee will ask you questions about your bankruptcy petition, etc. Listed below are the range of standard questions asked by a trustee.  Additional questions may be asked depending on your answers to these questions or particular facts of your case.  A 341 Meeting normally takes no more than about 5 minutes.

Sample Questions

  1. Do you swear to tell the truth under penalty of perjury?
  2. What is your name and work address?
  3. Did you read your Bankruptcy petition and schedules before you signed them?
  4. Did you list all assets and debts?
  5. Did you list your income and expenses?
  6. To the best of your knowledge, were petition and schedules true and accurate when you signed them?
  7. Are they still true and accurate today?  (Do you have an errors or omissions to correct?)
  8. Do you have any corrections or changes to bring to my attention?
  9. Have your financial circumstances changed since the date of filing?  (New job, etc)
  10. Did you have a chance to read the “Bankruptcy Information Sheet” handout from the United States Trustee?  (Have you read everything Mr. Russell’s office has given you to read?)
  11. Do you owe or pay any spousal or child support?
  12. Have you ever filed bankruptcy before (or anytime in the last 8 years)?
  13. On the date of filing did anyone owe you any money?
  14. On the date of filing did you have any legal claims you might be able to raise against another such as personal injury claim resulting from a car accident?
  15. Other than this proceeding, have you met with or hired any other lawyer in the last 4 years?
  16. Were you garnished in the 90 days before this case was filed?
  17. Do you deposit money into anyone else’s account?
  18. Do you think it’s likely you could inherit some money or property in the near future?  If anyone dies in the next six months, do you promise to let me and/or your attorney know because that would be part of this bankruptcy? (Yes, you do.)
  19. Have you ever been self-employed or run a business?
  20. Have you owed or made payment on a land or home in the last 10 years?
  21. In the last 4 years have you sold, transferred, given away or disposed or any real or personal property worth more than $1,000.00?
  22. Have you paid any money to any family member or friend in the last year?
  23. Have you paid more than $1,000 in total to any single creditor in the 90 days prior to filing?
  24. Do you have any virtual or online accounts such as Venmo or Paypal?
  25. Do you now or have you ever owned or used any cryptocurrency such as Bitcoin?