Monday, June 14, 2010

VOLUNTARY BANKRUPTCY


F. ANNULMENT PART 4 OF 6.

CREDITORS MEETING.

Your trustee may call a meeting of creditors to consider and vote on your offer.

Each creditor will be sent.
-a notice and agenda of the meeting.
-a copy of your offer.
-your trustee's report.
You must attend the meeting if requested to do so by your trustee. You may amend the terms of your offer at the meeting but not in any way that would reduce the trustee's fees.

TRUSTEE'S REPORT.

The report to creditors must state whether they will benefit if the offer is accepted and tell them.
-who is providing the funds.
-details of assets, realisations, and dividends.
-details of your conduct and financial dealings.

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