Appearing At A Creditors Meeting in A Bankruptcy

Understanding Bankruptcy: Your Role in a Creditors Meeting

Filing for bankruptcy can be an overwhelming process. One of the responsibilities that may arise is appearing at a creditors meeting in a bankruptcy. While this may seem intimidating, it is important to understand that this is not a common occurrence, particularly for personal bankruptcies.

The Purpose of a Creditors Meeting

A creditors meeting is designed to provide your creditors with an opportunity to review your financial situation. It is their chance to ask questions about the circumstances leading to your financial difficulties. This meeting also allows them to provide input on how they would like your assets to be handled.

When is a Creditors Meeting Necessary?

In the realm of personal bankruptcy, creditors meetings are somewhat of a rarity. However, there are scenarios that may necessitate such a meeting:

  • If creditors, holding more than 25% of your debt, request one.
  • If the Office of Superintendent of Bankruptcy requests one.

What Happens in a Creditors Meeting?

If a creditors meeting is held, it is typically due to a specific issue or concern that needs to be addressed. For example, you may own property that needs to be sold or disposed of, but legal or environmental issues may exist that need to be resolved first.

The questions posed in a creditors meeting should relate to your past, present, or future finances. If a question does not pertain to financial matters, you have the right to decline to answer.

Your Rights at a Creditors Meeting

As a bankrupt individual, you are required to attend the meeting in person. However, you also have the right to have your own legal counsel present. It is essential to remember that your trustee, while present, is not there to represent you. If you feel the need for legal representation, you should seek outside legal advice.

Required Documentation

If you need to bring specific documents to the meeting, you will be informed in advance. If the necessary information is not readily available, the meeting can be rescheduled.

The Importance of Cooperation

By cooperating and answering the creditors’ questions honestly, you can avoid potential complications later in the bankruptcy process. Failure to attend the meeting or answer questions truthfully could result in opposition to your discharge from bankruptcy.


While creditors meetings in personal bankruptcies are rare, it is crucial to be prepared if you are called to one. Discuss the process with your trustee, who can advise you on why a meeting has been called, what to expect, and what to bring.

Remember, appearing at a creditors meeting in a bankruptcy is a key part of the process that allows you to make a fresh start. By understanding your responsibilities and rights, you can navigate this process with confidence.

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