Start by preheating your oven to 375°F (190°C). Line a baking sheet with heavy-duty aluminum foil for easy cleanup.

Heat butter or vegetable oil in a medium-sized skillet over medium heat. Add the diced red bell pepper, green bell pepper, and onions. Sauté for about 5-7 minutes, or until the veggies are softened and translucent. If you like your garlic sautéed, toss in the minced garlic during the last 30 seconds and cook until fragrant. Remove from heat and set aside to cool.

In a small bowl, add your crushed Ritz crackers and pour in the milk. Stir until combined, and then let it sit for about 5 minutes to allow the crackers to soak up the milk and thicken. This step helps keep your meatloaf super moist.

In another small bowl, combine the ketchup, sweet chili sauce, and brown sugar. Stir until smooth and well mixed. Set aside half of this glaze for later; we’ll use it on the meatloaf while it’s baking.

In a large bowl, add the ground beef, the soaked Ritz cracker mixture, the sautéed vegetables, eggs, Worcestershire sauce, Dijon mustard, onion powder, garlic powder, thyme, basil, parsley, paprika, salt, and black pepper.

Using your hands, gently mix the ingredients until just combined. Be careful not to overmix – you want everything evenly distributed, but overworking the meat can make it tough. Once mixed, shape the meat mixture into a loaf and place it on your prepared baking sheet.

Take half of the sweet chili glaze and spread it evenly over the top of the meatloaf. The glaze will add a beautiful shine and caramelized sweetness as it bakes.

Wrap the meatloaf loosely in the foil and pop it into the oven. Bake for 30 minutes.

After the first 30 minutes, unwrap the meatloaf and spread the remaining glaze on top. Continue baking, uncovered, for another 30 minutes, or until the internal temperature of the meatloaf reaches 165°F (75°C) on a meat thermometer.

Once your meatloaf is done, let it rest for about 10 minutes before slicing. This lets the juices redistribute, giving you a tender and flavorful meatloaf.