Statements is true of creditor meetings

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Reference no: EM131636075

1. Which of the following statements is true of creditor's meetings?

These meetings should be held in the presence of a bankruptcy judge.

The only purpose of these meetings is the election of a permanent trustee.

Only the creditors and the trustee are allowed to attend these meetings.

An interim trustee is responsible for organizing these meetings.

2. A(n) _____ is a moratorium for almost all creditor litigation against a debtor.

preferential payment

discharge

order of relief

automatic stay

Reference no: EM131636075

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