/ˈmiːtɪŋ əv ˈkredɪtərz/ – Phrase
Definition: Cuộc họp của các chủ nợ.
A more thorough explanation: 1. in the UK an initial meeting of creditors called by the Official Receiver to appoint an Insolvency Practitioner especially where the debtor has significant assets or more that 25% of the creditors request a meeting of creditors
2. in the US a first meeting in Bankruptcy Court between the trustee, the debtor, and the creditors, at which the debtor is questioned under oath regarding assets and liabilities
Example: 1. At the first meeting of creditors, the full extent of the debtor’s assests was reveled and a new isolvency practitioner was appointed.
2. A date has been set for a meeting of creditors following the closure of the controversial Lapland attraction in Hampshire.