This meeting of creditors is held approximately 30 to 45 days after the bankruptcy petition is filed. The Chapter 7 or Chapter 13 Trustee presides over the meeting of creditors. The debtor and everyone listed on the list of creditors filed by the debtor will receive written notice of the day, time, and location of this meeting.
The purpose of the meeting is to give the Trustee and creditors an opportunity to question the debtor under oath. The meeting of creditors is also called the “section 341 meeting” because 11 U.S.C. § 341 of the Bankruptcy Code requires that the meeting be held.
The debtor (both spouses in a joint case) must be present at the meeting to be questioned under oath by the Chapter 7 or Chapter 13 Trustee and by creditors. Creditors are welcome to attend, but are not required to do so. The meeting may be continued and concluded at a later date without further notice.
For a list of questions of what the trustee may ask at your hearing please check out the links below:
Questions the Chapter 7 Trustee in Georgia May Ask You
Questions the Chapter 13 Trustee in Georgia May Ask You