What to expect at Your Maryland Bankruptcy Meeting of Creditors

What to expect at Your Maryland Bankruptcy Meeting of Creditors

As you can expect, when you file bankruptcy in Maryland you will be required to attend one formal hearing where your testimony is taken under oath. The hearing that all debtors have to go to is known as the meeting of creditors.
Our Baltimore bankruptcy lawyer here at 410law.com is quick to ease the concerns of potential debtors regarding the meeting. First, the goal of the meeting is to review the information and documents submitted to court on your behalf. The court appointed trustee is there to make sure that the information is accurate and complete. Therefore, if you review your information thoroughly with a Maryland bankruptcy lawyer before and after your case is filed you should be okay.

Secondly, it is an opportunity for your creditors to question you about your case as well. Creditors receive a notice of the meeting of creditors and have a right to participate in the meeting. It is more likely that a secured lender such as auto loan company or a party to a divorce or a former business partner will show up as a creditor. It is very rare that a credit card company, personal loan provider or medical creditor will show up.
In Baltimore, the meeting of creditors are held at the US District Courthouse Building in room 2650 on the second floor.

In Greenbelt, the meeting of creditors are held at Ivy Lane on the 6th Floor. As most bankruptcy lawyers in md know, meeting are also held in Salisbury for Southern Maryland residents and Hagerstown for Western Maryland residents.
Our bankruptcy lawyer in Maryland with tell you that even though it is a formal proceeding under oath, the meeting of creditors are held in an large office type room with plenty of other debtors and bankruptcy lawyers in the room. A typical day will see the the Chapter 7 trustee handle as many as 10 or more cases an hour. In fact, unless you are the first debtor called you will be able to listed to a couple of cases in your slotted hour.

IDENTIFICATION REQUIRED!

Before your meeting can proceed, you are required to show your Social Security card and a picture Idfor verification of your identity. A W-2 or 1099 issued by your employer can be used in place of the Social Security card.

The trustee will question you first and those questions will typically include:

  • Whether your address is still the same as on the petition
  • Whether you still work for the same employer
  • Your marital status
  • Your dependents
  • Whether you have charged credit cards or take out new loans within 90 days of your case being filed
  • Whether you stand to inherit anything in the case or in another matter
  • Why’d you file for bankruptcy
  • Whether you have you ever filed for bankruptcy before
  • Who are your dependents
  • Whether you have owned a business in the last 3 years?
  • Whether you have sold anything on ebay or similar auction sites
  • What is your martial status
  • – Whether you have sold or given away any property
  • Where you have paid a single creditor more than $600.00 in the 90 days before your case was filed?
  • Whether any one owes you money?
  • Whether you have

– Have you been involved in any accident or injury which gave rise to a law suit
– Have you been the beneficiary of a will
– Have you read the schedules before signing
– Has anything changed after the filing of your case

If the trustee is satisfied and does not require further investigation of your case then he or she will concluded the meeting. But before doing so, creditors who are present have the opportunity to question you as well. This is exceedingly rare in chapter 7 cases because they are often no assets cases. Creditors are likely to show up in instances where a reaffirmation agreement on a car loan with a local lender or credit union and in instances where debtor is in divorce proceedings. In Maryland, MECU Credit union has a representative attend hearings to get information from the debtor about reaffirmation agreements.

If the trustee has follow up questions or investigation then they will continue the meeting. While this is never a good sign, it is also not the death of your bankruptcy case. Sometimes all is needed is a couple of weeks for the trustee to verify something and you are not required to attend another hearing.

119 Replies to “What to expect at Your Maryland Bankruptcy Meeting of Creditors”

  1. Excellent post. I was checking constantly this blog and I’m inspired!

    Extremely useful information specifically the ultimate phase 🙂
    I deal with such info much. I was looking for this particular info for a very long time.
    Thank you and good luck.

  2. You really make it seem really easy with your presentation however
    I find this matter to be actually something which I believe I’d never understand.
    It seems too complex and extremely huge for me.
    I’m having a look forward in your subsequent
    submit, I will attempt to get the hold of it!

  3. I’m not sure where you’re getting your information, but good topic.
    I needs to spend some time learning much more or understanding more.
    Thanks for excellent information I was looking for this info for my mission.

  4. Wonderful blog! I found it while searching on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?

    I’ve been trying for a while but I never seem to
    get there! Many thanks

  5. Excellent way of telling, and good piece of writing to take information regarding my presentation subject, which i am going
    to present in school.

  6. Wonderful blog! I found it while surfing around on Yahoo News.
    Do you have any suggestions on how to get listed
    in Yahoo News? I’ve been trying for a while but
    I never seem to get there! Thanks

  7. Hi there would you mind letting me know which webhost you’re using?
    I’ve loaded your blog in 3 completely different web browsers and I must
    say this blog loads a lot faster then most. Can you suggest a good internet hosting provider at a fair price?

    Many thanks, I appreciate it!

  8. It’s in fact very complex in this busy life to listen news on TV, so I simply use the web for that purpose, and get the most up-to-date information.

  9. Thank you for the good writeup. It in fact was a amusement account it.
    Look advanced to more added agreeable from you! By the way, how can we communicate?

  10. Wonderful work! This is the type of info that should be shared across the net.

    Shame on Google for now not positioning this put up higher!
    Come on over and visit my site . Thanks =)

  11. Its not my first time to pay a quick visit this web page, i am visiting this site dailly and take
    pleasant data from here daily.

  12. Howdy! I could have sworn I’ve been to this blog before but after browsing through
    some of the post I realized it’s new to me. Anyhow, I’m definitely glad I found
    it and I’ll be bookmarking and checking back frequently!

  13. Fantastic beat ! I would like to apprentice while you amend your site,
    how could i subscribe for a blog web site? The account helped me a acceptable deal.
    I had been tiny bit acquainted of this your broadcast offered bright clear concept

  14. First of all I want to say fantastic blog! I had a quick question which I’d like to
    ask if you do not mind. I was curious to find out how you center yourself and clear your head prior to writing.

    I’ve had a difficult time clearing my mind in getting my ideas out.
    I truly do take pleasure in writing however it just seems like
    the first 10 to 15 minutes tend to be lost simply just trying to figure out how to begin. Any suggestions or
    tips? Thanks!

  15. Pretty element of content. I just stumbled upon your blog and in accession capital to say that I get in fact loved
    account your blog posts. Any way I’ll be subscribing to your augment and even I
    achievement you get entry to persistently quickly.

  16. Undeniably believe that which you stated. Your favorite justification seemed to
    be on the net the easiest thing to be aware of. I say to you, I definitely
    get annoyed while people consider worries that they plainly
    do not know about. You managed to hit the nail upon the top and also defined out the whole thing without having side-effects , people can take a signal.
    Will probably be back to get more. Thanks

  17. Nice blog here! Also your web site loads up fast! What web host are you using?
    Can I get your affiliate link to your host? I wish my web site loaded up as fast as yours lol

  18. Hey! Do you use Twitter? I’d like to follow you if that would be
    ok. I’m undoubtedly enjoying your blog and look forward to new updates.

  19. You really make it seem so easy with your presentation but I find this matter to be really something that I think I
    would never understand. It seems too complex and very broad for me.

    I’m looking forward for your next post, I will try to
    get the hang of it!

  20. Thanks for every other magnificent article.
    Where else could anybody get that type of information in such
    an ideal means of writing? I have a presentation next week,
    and I’m on the look for such info.

  21. of course like your website however you need to check the spelling on several of your posts.
    Several of them are rife with spelling problems and I to find it very bothersome to tell
    the reality however I’ll definitely come back again.

  22. Having read this I believed it was extremely enlightening.

    I appreciate you taking the time and effort to put this information together.
    I once again find myself personally spending a lot of time both reading and leaving comments.
    But so what, it was still worthwhile!

  23. This is a great tip especially to those fresh to the blogosphere.
    Brief but very precise info… Thank you for sharing this one.
    A must read post!

  24. I’m gone to inform my little brother, that he should also pay a visit this web site on regular basis to obtain updated from
    most up-to-date news.

  25. My family members every time say that I am killing my time
    here at web, but I know I am getting know-how every day by reading thes nice articles or reviews.

  26. Good day! Do you know if they make any plugins to assist
    with Search Engine Optimization? I’m trying to get my blog to
    rank for some targeted keywords but I’m not seeing very good results.
    If you know of any please share. Kudos!

  27. When I originally commented I clicked the “Notify me when new comments are added”
    checkbox and now each time a comment is added I get three
    emails with the same comment. Is there any way you can remove me from that service?
    Thank you!

  28. For hottest information you have to pay a quick visit world-wide-web and on web I found this web site as a most excellent site for
    most recent updates.

  29. Hello! Do you know if they make any plugins to protect against hackers?
    I’m kinda paranoid about losing everything I’ve worked hard on. Any
    recommendations?

  30. Simply want to say your article is as astounding. The clarity
    in your post is just nice and i could assume you are an expert on this subject.
    Fine with your permission allow me to grab your RSS feed to keep updated with forthcoming post.
    Thanks a million and please keep up the rewarding work.

  31. Hello! This is my first visit to your blog! We are a collection of volunteers and starting a new project in a
    community in the same niche. Your blog provided us useful information to work on. You have done a outstanding job!

  32. Attractive section of content. I just stumbled upon your web
    site and in accession capital to assert that I acquire in fact enjoyed account your blog posts.
    Anyway I will be subscribing to your augment and even I achievement you access
    consistently fast.

  33. Yesterday, while I was at work, my sister stole my iphone and tested to see if it can survive a 30 foot drop, just so she can be a youtube sensation. My iPad is
    now broken and she has 83 views. I know this is
    completely off topic but I had to share it with someone!

  34. I have been exploring for a little for any high-quality
    articles or blog posts in this kind of space .

    Exploring in Yahoo I eventually stumbled upon this web site.
    Studying this information So i am happy to show that I’ve an incredibly excellent uncanny feeling I discovered just what I needed.
    I most indubitably will make certain to do
    not omit this web site and give it a look regularly.

  35. Thank you a lot for sharing this with all of us you really realize
    what you are speaking approximately! Bookmarked.
    Please additionally visit my web site =). We may have a link change contract among us

  36. Excellent post. Keep writing such kind of info
    on your page. Im really impressed by it.
    Hello there, You’ve done a fantastic job.
    I’ll definitely digg it and individually recommend to my friends.
    I’m sure they will be benefited from this web site.

  37. I think this is one of the most vital information for me.
    And i’m happy studying your article. However wanna commentary on some normal things, The site style is great,
    the articles is in reality excellent : D. Good activity, cheers

  38. I don’t even know how I ended up here, but I thought this post was great.
    I do not know who you are but certainly you’re going to a famous blogger if you are not already 😉 Cheers!

  39. This is really interesting, You are a very skilled
    blogger. I’ve joined your feed and look forward to seeking
    more of your excellent post. Also, I have shared your web site in my social
    networks!

  40. Attractive section of content. I just stumbled upon your
    site and in accession capital to assert that I get actually enjoyed account your blog posts.
    Any way I’ll be subscribing to your feeds and even I achievement you
    access consistently quickly.

  41. Hi there, You’ve done a great job. I’ll certainly digg it and personally recommend to my friends.
    I am confident they’ll be benefited from
    this web site.

  42. Hello! I know this is kinda off topic but I’d figured I’d ask.
    Would you be interested in trading links or maybe guest writing
    a blog post or vice-versa? My website discusses a lot of the same topics as yours and
    I believe we could greatly benefit from each other. If you
    might be interested feel free to send me an email.
    I look forward to hearing from you! Awesome blog by the way!

  43. Thanks on your marvelous posting! I actually enjoyed reading
    it, you happen to be a great author.I will ensure that I bookmark your blog and may come back
    in the foreseeable future. I want to encourage you to ultimately continue your great
    work, have a nice holiday weekend!

  44. Hey! Would you mind if I share your blog with my twitter group?
    There’s a lot of folks that I think would really appreciate your content.

    Please let me know. Many thanks

  45. Woah! I’m really enjoying the template/theme of
    this site. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between usability and appearance.
    I must say you’ve done a superb job with this. Also, the blog loads super quick for me on Firefox.

    Exceptional Blog!

  46. This is really interesting, You’re a very skilled
    blogger. I’ve joined your rss feed and look forward to seeking
    more of your magnificent post. Also, I have shared your website in my social networks!

  47. Hello, this weekend is nice in support of me, because
    this occasion i am reading this impressive
    educational post here at my house.

  48. It’s in fact very complex in this active life to listen news on TV, thus I just use world wide web for that purpose,
    and take the most recent information.

  49. After I originally left a comment I seem to have clicked on the -Notify me when new comments
    are added- checkbox and now every time a comment is added I get four emails with the
    exact same comment. There has to be a way you can remove me from that service?

    Many thanks!

  50. Link exchange is nothing else but it is just placing the other person’s website link on your page at suitable
    place and other person will also do similar in support of you.

  51. First off I would like to say superb blog! I had a quick question that I’d like
    to ask if you don’t mind. I was interested to know how you center yourself and clear
    your thoughts before writing. I’ve had a tough time clearing my mind in getting my thoughts out.
    I truly do take pleasure in writing but it
    just seems like the first 10 to 15 minutes are usually wasted simply just
    trying to figure out how to begin. Any ideas or hints?
    Appreciate it!

  52. It’s not my first time to visit this web site,
    i am browsing this web page dailly and obtain nice facts from here everyday.

  53. Your style is unique compared to other folks I’ve read stuff from.

    Thank you for posting when you have the opportunity, Guess I’ll just bookmark this blog.

  54. No matter if some one searches for his vital thing, thus he/she wishes to
    be available that in detail, thus that thing is maintained over here.

  55. Hello there! This article could not be written much better!

    Looking at this post reminds me of my previous roommate!
    He always kept talking about this. I will forward this
    information to him. Pretty sure he will have a good read. Thank you for sharing!

  56. My partner and I stumbled over here from a different web page and
    thought I should check things out. I like what I see so now i am following you.
    Look forward to looking into your web page for a second time.

  57. Hola! I’ve been following your weblog for a while now and finally got the bravery to go ahead and give you a shout out from
    Huffman Tx! Just wanted to tell you keep up the great
    work!

  58. Great goods from you, man. I’ve understand your stuff
    previous to and you are just too wonderful. I really like
    what you’ve acquired here, certainly like what you
    are stating and the way in which you say it. You make it
    enjoyable and you still take care of to keep it wise.
    I can not wait to read far more from you. This is really a tremendous website.

  59. Everything is very open with a precise clarification of
    the challenges. It was really informative. Your site is very helpful.
    Many thanks for sharing!

  60. Its like you read my mind! You seem to know a lot about this,
    like you wrote the book in it or something. I think that you could do with some pics to drive the message home a little bit, but instead of that, this is great
    blog. A fantastic read. I will certainly be back.

  61. Attractive component of content. I simply stumbled upon your weblog and in accession capital to say that I get actually loved account your blog posts. Anyway I’ll be subscribing for your augment or even I fulfillment you get entry to consistently fast.|

Leave a Reply

Your email address will not be published.