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Investments glossary

341 Meeting

A 341 meeting is related to bankruptcy filings, and is creditors’ meeting that takes place when after individual files Chapter 7 bankruptcy. A 341 meeting, which takes place about a month after an individual files for bankruptcy, gets its name from section 341 of the bankruptcy code. A 341 meeting must include the individual filing bankruptcy and the Chapter 7 trustee, and it is optional for creditors or their attorneys to attend the meeting. If the individual filing for bankruptcy has a bankruptcy attorney, they would attend as well.

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