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Chapter 7 Bankruptcy in Hawaii

The most common types of personal bankruptcy that are filed in Hawaii by individuals are Chapter 7 and Chapter 13. In chapter 7 bankruptcy, you surrender your non-exempt property to a bankruptcy trustee who then liquidates the property and distributes the proceeds to your unsecured creditors. In exchange for this, you are entitled to a discharge of some of your debt. In Chapter 13 bankruptcy, you retain possession and ownership of all of your assets, but you have to give some portion your future income to repaying your creditors. Usually, this is over a period of three to five years.

You have to decide whether to file Chapter 7 bankruptcy or Chapter 13. A bankruptcy lawyer in Hawaii can help you in making this decision if you are not sure which bankruptcy is best for you in your situation.

Bankruptcy cases are filed in the United States Bankruptcy Court. However, they are often highly dependent on state laws. Hawaii is one of thirteen states that gives you a choice between federal and state bankruptcy laws. When you file bankruptcy in Hawaii, you are allowed both federal exemption and Hawaii state exemptions.

More Help on Filing Chapter 7 Bankruptcy in Hawaii

  • Filing Chapter 13 Bankruptcy in Hawaii - Filing Chapter 13 in Hawaii also has some advantages. With Chapter 13 bankruptcy there is a payment plan that enables you to keep your property, there are more dischargeable debts, more payment time and it separates creditors by class. - read more

  • Hawaii Bankruptcy Information - You may have reached a point where it is impossible to pay your debtors. Filing bankruptcy in Hawaii might be one of your best options. - read more

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Chapter 7 and Chapter 13 Bankruptcy Help

The two most common consumer bankruptcies are Chapter 7 and Chapter 13, our sponsoring lawyers handle these types exclusively so you can be sure you are getting accurate legal advice when you file bankruptcy. Our Bankruptcy attorneys will fight to protect your rights and your property, fight the aggressive and annoying creditors for you, and they can help you keep your home, vehicles and other property.

A lawyer will be committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future. There are many convenient locations to make filing bankruptcy or learning about the alternatives we offer, even easier.

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