When filing an application for bankruptcy, you are required to provide a comprehensive list of creditors who you owe money to. According to the U.S. Courts, all creditors are invited to attend the meeting and ask the debtor questions regarding the bankruptcy case. As the debtor, attendance at the meeting is mandatory. In addition to creditor questions, the trustee will ensure that you understand the impact that filing for bankruptcy will have your financial health. Not only does this include your credit report, but also a reaffirmation of debt, liquidation of property and what types of debt are not eligible for discharge.
The trustee presiding over the case may wish to obtain further documentation regarding property and/or assets in your case. It is crucial that you provide this documentation to the trustee as soon as possible to avoid delays in the case.
The information should be used for educational purposes only and should not be taken as legal advice.