Creditor meetings

Creditor meetings are scheduled gatherings where lenders and other stakeholders meet to discuss and address a debtor's financial situation, often during insolvency or bankruptcy cases. These meetings provide creditors an opportunity to ask questions, review the debtor’s financial statements, and participate in decisions like restructuring or repayment plans. The goal is transparency and to reach an agreement that maximizes fairness and recovery for all parties involved. Typically organized by the insolvency practitioner or administrator, these meetings are a key part of the process to resolve financial difficulties systematically.