meeting of creditors

meet·​ing of creditors
: a hearing held pursuant to section 341 of the Bankruptcy Code at which the debtor is examined under oath by the trustee in bankruptcy regarding the bankruptcy estate

Note: Creditors may but are not required to attend.

Dictionary Entries Near meeting of creditors

Cite this Entry

“Meeting of creditors.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/meeting%20of%20creditors. Accessed 20 Jun. 2024.

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