meeting of creditors

Definition of "meeting of creditors"
  1. An assembly in a bankruptcy case attended by the debtor, the bankruptcy trustee, and any creditors who wish to attend, where questions may be asked of the debtor regarding their financial situation and plans
How to use "meeting of creditors" in a sentence
  1. The debtor was anxious about attending the meeting of creditors.
  2. The bankruptcy trustee was required to be present at the meeting of creditors.
  3. The creditor chose to attend the meeting of creditors to challenge the debtor's repayment plan.

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