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Hawaii Bankruptcy Information

A Clear Understanding of Filing Bankruptcy in Hawaii

Filing bankruptcy in Honolulu, or any other city in Hawaii, is something most people do not want to think about or talk about. It is something that a lot of people see as complete failure and disaster.

Even though it is something that you probably do not want to think about or consider, you may have reached a point where it is impossible to pay your debtors. If this is true, it is an option that you may need to look into.

It may help to have a clear understanding of what bankruptcy is. Bankruptcy is defined as, \"a legally declared inability or impairment of ability of an individual or organization to pay its creditors.\" It is legal insolvency. Bankruptcy is a legal surrender of your remaining assets into the hands of your creditors.

In the United States, bankruptcy is placed under Federal jurisdiction by the United States Constitution (in Article 1, Section 8, Clause 4), which allows Congress to enact \"uniform laws on the subject of bankruptcies throughout the United States.\" The Congress has enacted statute law governing bankruptcy, primarily in the form of the Bankruptcy Code, located at Title 11 of the United States Code. Federal law is amplified by state law in some places where Federal law fails to speak or expressly defers to state law.

Bankruptcy cases are always filed in United States Bankruptcy Court, which is an adjunct to the U.S. District Courts. However, bankruptcy cases, particularly with respect to the validity of exemptions and claims, are often dependent upon law. Because of this, it is usually not possible to generalize bankruptcy law across state lines.

For this reason, it is important for you to know the laws regarding bankruptcy of the state that you live in. If you live in Hawaii, you need to know the laws that pertain to you in filing a Hawaii bankruptcy. You need the help of a Hawaii bankruptcy lawyer who can assist you in understanding how Hawaii bankruptcy laws will affect your case.


More Help on Hawaii Bankruptcy Information

  • 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

  • Filing Chapter 7 Bankruptcy in Hawaii - In Hawaii bankruptcy law, filing Chapter 7 has certain advantages. Some of these are immediate protection, a complete fresh start, lack of a minimum limit on the debt, and quick discharge of your case. - 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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