Chapter 7 bankruptcy is a legal option for discharging (eliminating) unsecured debts such as personal loans, medical bills, credit cards, etc. In some circumstances, it also allows you to discharge taxes, reduce car loan balances and interest rates, and stop car repossession and wage garnishment. The discharge lasts forever, and it also prevents your creditors from communicating with you in any way (by phone, email, text, mail, etc.).
Call our office now to schedule a free bankruptcy attorney consultation in Honolulu, Hawaii, and we will help you figure out whether filing for bankruptcy is a good option for you.
To qualify for Chapter 7 in Hawaii, your household income from all sources should be below the threshold (determined by Hawaii’s median household income) for the number of people living in your household.
If your household income is above the threshold, you may still qualify for Chapter 7 if you pass the “Means-Test” (a complicated calculation of your household expenses). Getting the qualification right before filing Chapter 7 is essential, therefore, you should contact our office to schedule a free attorney consultation to find out whether you qualify.