A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

meeting of creditors

noun

AmE

section 341 meeting

a first meeting in Bankruptcy Court between the trustee, the debtor, and the creditors, at which the debtor is questioned under oath regarding assets and liabilitiesA date has been set for a meeting of creditors owed money after the closure of the controversial Lapland attraction in Hampshire.