• Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.

What Is The Meeting Of Creditors?

A lot of my clients get nervous when they first hear about the meeting of creditors. While it might sound a little intimidating and adversarial, the meeting of creditors is not nearly as frightening as it sounds.

A meeting of creditors takes place in a meeting room at a federal building. The location of the building depends on where you live. All you need to bring to the meeting is your ID and Social Security Card. The trustee requires that you produce certain documents prior to your meeting. These documents usually include tax returns, paystubs, bank statements, and mortgage documents. Though some trustees have their own list of required documents.

During the meeting the trustee will ask you questions about your petition to confirm that it is accurate. A Chapter 7 trustee will typically inquire about your assets, as they will attempt to liquidate any unexempt property. A Chapter 13 trustee, on the other hand, is concerned about establishing that your payment plan is realistic and fair to your creditors. Thus, a Chapter 13 trustee will normally ask questions about your income and expenses. The trustee isn’t out to get you. They are just there to do their job and ensure that your petition and/or plan is accurate and follows the law. Also keep in mind that you won’t be at the meeting alone, I or one of my colleagues will be there with you.

Hopefully this post answered any question you had about the meeting of creditors, and maybe helped calm any anxiety you were feeling. Feel free to give my Modesto bankruptcy office a call for a free consultation if you in the Modesto area and looking into bankruptcy.

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