"What Happens After 341 Meeting"
A 341 meeting is the first step in a bankruptcy proceeding. After the meeting, the bankruptcy trustee will determine if there are any assets that can be sold to pay creditors. If there are no assets, the case will be dismissed and the debtor will be discharged from all debts. If there are assets, the trustee will make a plan to repay creditors. The debtor must make payments to the trustee according to the plan.
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