Olympia Attorney Assisting With The Bankruptcy Trustee Meeting

People consulting with attorneyAn important event in any bankruptcy case, whether under Chapter 7, 11, or 13, is the trustee meeting. During this meeting, the trustee and creditors are allowed to ask the debtor questions. Depending upon the type of bankruptcy being sought, the trustee has the power to approve a repayment plan, discharge debts, and liquidate assets. It is imperative, therefore, to provide all relevant information to the court and the trustee during the case. Ben Cushman is an Olympia attorney who represents individuals and businesses throughout the bankruptcy process. He can help ensure that you are prepared for the trustee meeting and that your court filings comply with the bankruptcy requirements. Contact our office today to schedule a consultation. Our firm also serves Tacoma and other areas in Washington, including Grays Harbor, Mason, Cowlitz, and Pacific Counties.

Olympia and Tacoma lawyer preparing clients for the trustee meeting

A bankruptcy trustee is appointed in all Chapter 7 and Chapter 13 cases. A trustee may also be appointed in some Chapter 11 cases when the debtor is a small business. The trustee’s responsibilities include determining which debts are discharged, reviewing all of the debtor’s filings, and verifying the accuracy of the debtor’s financial disclosures. In Chapter 7 cases, the trustee is responsible for liquidating property and making distributions to creditors. Trustees in Chapters 11 and 13 cases must also monitor the debtor’s restructuring or repayment plan and may receive and manage payments to creditors.

The trustee meeting, also sometimes referred to as a “341” meeting after the corresponding section in the U.S. Bankruptcy Code, is attended by the trustee, the creditors, and potentially other bankruptcy officials. The debtor, and their spouse if applicable, are questioned by the trustee under oath about their financial affairs. Creditors, if they choose to attend, will also be given the chance to ask questions. The purpose of the meeting is to confirm that the debtor has been truthful in its representations to the court regarding assets, debts, and any other relevant financial information that may impact the proceeding. Unless there are multiple creditor objections or discrepancies in one’s financial information, the meeting is normally fairly quick. It is important to be prepared for the meeting, be truthful and accurate in one’s responses, and bring the necessary paperwork. Our firm will ensure that you are adequately prepared for the meeting and attend the meeting with you.

Ben Cushman is an Olympia lawyer who has represented Washington residents since 1996. He understands the stress involved when individuals attend legal proceedings. Ben takes the time to prepare his clients and explain what they can expect every step of the way. Our firm will focus on your legal issues so that you may focus on rebuilding your financial future. Contact us today.

Washington lawyer focused on client communication

Ben is an attorney who is dedicated to providing the highest level of service to his clients. To accomplish that goal, he gives each case the personalized attention and respect it deserves. He helps alleviate his clients’ stress by responding promptly to emails and phone calls. This is true for all of our clients, whether you are in Olympia or elsewhere in Washington.

Our firm also serves the Thurston County cities of Lacey, Tumwater, and Yelm, the Pierce County cities of Tacoma, Puyallup, and Lakewood, the Lewis County cities of Centralia, Chehalis, the King County cites of Seattle, Auburn, Bellevue, Burien, and Federal Way, as well as other areas in Washington, including Grays Harbor, Mason, Cowlitz, and Pacific Counties.

css.php