I received a letter for a Meeting of Creditors. What is this?
A Meeting of Creditors is a formal gathering in which the creditors of an individual, a business, or another entity are invited to discuss the financial matters related to that person or organization. When an individual receives a letter for a Meeting of Creditors, it typically means that they have filed for bankruptcy and need to attend the meeting in order to answer questions from their creditors.
At this meeting, the trustee assigned by the bankruptcy court will ask questions about your assets, debts and other financial information. This information is used to determine how much money can be distributed among your creditors. During this process, you may also be asked to provide evidence supporting any claims regarding assets or liabilities. Additionally, you may be required to make payments toward your debt during or after the meeting.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
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