What is a 341(a) Hearing in Chapter 7 Bankruptcy?
December 12, 2011
As an attorney practicing bankruptcy in Norristown, most cases are Chapter 7. The Chapter 7 is the quickest and easiest way to discharge debts. This ease is more than a mere filing of a bankruptcy petition, however. The law requires that the debtor (the filing party) attend a hearing. This legal mandate is located in Title 11 of the United States Code, Section 341, subsection (a). It is often written as "11 USC 341(a)" but the hearing itself is just called a "341(a)" or, sometimes, just a "341."
Continue reading "What is a 341(a) Hearing in Chapter 7 Bankruptcy?" »
