Purpose of the 341 Meeting The purpose of the meeting is to ensure that you fairly and honestly represented business assets, income and debts in the case. The trustee, who administers the case, can ask you questions, under oath, about your business's finances and property.
Creditors may also ask you questions. It's strictly a fact-finding meeting. You can be asked to produce books, records and other documents related to your business's finances. You won't be asked to justify filing bankruptcy.
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