Definitions for "Creditors Meeting"
is scheduled approximately 30 days after filing the Bankruptcy Petition. All the listed creditors are invited, but they very rarely attend since they are limited to asking questions about the "nature and location" of your assets. Your attorney will accompany you at this meeting.
a requirement under the Bankruptcy Code
Meeting called to examine the position of a Debtor Company in relation to their debts and which usually results in the appointment of a Liquidator