Your Chapter 13 Meeting of Creditors
The 341 meeting in a chapter 13 case is
very similar to a chapter 7. The trustee is going to ask
you questions to see whether or not you can meet your
monthly payments of your plan. The trustee is going to go
over your petition and ask you about your income and
scrutinize monies going in versus monies going out. If the
trustee decides everything looks alright the court will
approve your plan at a confirmation hearing. You probably
wont have to show up at the confirmation hearing if
everything looks good and the trustee is comfortable with
it. Its pretty much automatic. If the trustee or creditors
object than your going to have to show up and try to
convince the judge why he or she should allow your plan,
and that your chances of succeeding are great. Sometimes
the judge might have the plan modified in certain areas so
you can continue. If the objection is serious and modifying
the plan just wouldn’t work out or satisfy the parties
involved, the case will end up being dismissed.