Course Category: 341 Meeting of Creditors

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BK 109: Section 341 Meeting of Creditors

Section 341 Meeting of Creditors. The U.S. trustee appoints an impartial “Chapter 7 panel trustee” to administer the Chapter 7 case promptly after the bankruptcy petition is filed with the clerk of the court.  11 U.S.C. § 701.  The Chapter 7 panel trustee must administer the case in accordance with the trustee’s statutory…