Bankruptcy is a legal proceeding where people who are unable to pay their debts can "discharge," or get rid of their debts, and get a new financial start. These proceedings are handled by the United States Bankruptcy Courts, including the U.S. Bankruptcy Court for the District of Hawaii, located in Honolulu.

 

"Chapter 13" refers to chapter 13 of the U.S. Bankruptcy code, or a personal "reorganization" bankruptcy. The reorganization involves creating a repayment plan toward the individual's debts, taking place over a time, up to sixty months (five years). The repayment plan is based upon calculating the individual's excess income, over and above their normal monthly expenses. The creditors (i.e. credit cards, loans, etc.) all receive a portion of the monthly payment during the life of the repayment plan. At the completion of the repayment plan time period, the remaining unsecured debts are discharged.

 

Prior to scheduling a consultation, it is very helpful to work on one of our questionnaires/worksheets, in order to help us understand your individual situation. Clicking below will bring up our INDIVIDUAL or BUSINESS bankruptcy worksheets, in Adobe Acrobat (R), or .pdf format:

 

If you do not have Adobe Acrobat (R) or Adobe Acrobat Reader (R), you can go the Adobe website to download Adobe Acrobat Reader (R) for free. Note that the "Individual" worksheet is appropriate both for single persons as well as married persons filing together. If you have a question about bankruptcy, or would like to set up a consult, please e-mail Kendal Luke or give us a call at 593-2199. We'll be happy to hear from you!

 

WE ARE A DEBT RELIEF AGENCY PURSUANT TO SECTION 524 OF TITLE 11 OF THE UNITED STATES CODE. WE PROVIDE LEGAL ASSISTANCE AND HELP PEOPLE FILE FOR BANKRUPTCY RELIEF UNDER THE BANKRUPTCY CODE.