Common Bankruptcy Terms

The first meeting of the creditors, debtor is required to attend. The debtor will be questioned under oath by a trustee and/or creditors, if the creditors choose to attend.

The termination of a bankruptcy case, without a discharge or denial of discharge. The creditors and debtor have the same rights as they had prior to the bankruptcy filing once the case is dismissed, i.e., the creditors can resume all collection efforts against debtor.