341 Meeting of the Creditors in Oklahoma Chapter 7 Bankruptcy 

What is the 341 Meeting of creditors and what happens there?
Approximately a month after filing your Chapter 7, you will attend what is called a 341 Meeting. The name refers to section 341 of the United States Bankruptcy Code. Technically, the meeting is supposed to be a meeting with you and your creditors but creditors rarely show up for the 341 Meeting. Typically it will be you, your attorney and the United States Trustee assigned to your case. This trustee is the one who reviews your bankruptcy paper-work. The trustee essentially acts as a representative of your creditors in the bankruptcy proceedings. If the trustee determines that there is money available from you to distribute to the creditors he/she will collect that money and distribute it according to the creditor's priority. However, the creditor need not be present and probably will not be. The meeting will be recorded by the trustee. The trustee will ask for your driver's license and social security card to compare against your paper-work. At the meeting you will be sworn in and asked several questions by the trustee. These questions will typically be limited to questions about assets or whether all the creditors are listed in your schedules. However, if the trustee so desires, he/she can ask you anything pertaining to your bankruptcy.