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U.S. Code as of:
01/19/04
Section 341. Meetings of creditors and equity security holders
(a) Within a reasonable time after the order for relief in a case
under this title, the United States trustee shall convene and
preside at a meeting of creditors.
(b) The United States trustee may convene a meeting of any equity
security holders.
(c) The court may not preside at, and may not attend, any meeting
under this section including any final meeting of creditors.
(d) Prior to the conclusion of the meeting of creditors or equity
security holders, the trustee shall orally examine the debtor to
ensure that the debtor in a case under chapter 7 of this title is
aware of -
(1) the potential consequences of seeking a discharge in
bankruptcy, including the effects on credit history;
(2) the debtor's ability to file a petition under a different
chapter of this title;
(3) the effect of receiving a discharge of debts under this
title; and
(4) the effect of reaffirming a debt, including the debtor's
knowledge of the provisions of section 524(d) of this title.
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