Creditors’ Payment Process In a Chapter 13 Bankruptcy Repayment Plan Bankruptcy is a powerful tool that can effectively help individuals who are struggling with overwhelming amounts of debt. There are multiple approaches and types of bankruptcy that are available, with specific qualifications as well as advantages and disadvantages that should be discussed with your bankruptcy attorney before you file....
Continue ReadingWhich Debt Management Option Is Best for Your Financial Situation? If you’re struggling with overwhelming debt, you may be wondering what options you have. Two of the most common debt management options are debt settlement and bankruptcy. Although they are different processes, they both offer the same solution: finding a road out of debt. Each approach has its advantages...
Continue ReadingWhat Are The Usual Wait Times Between Bankruptcy Filings? If you are thinking about filing for bankruptcy or have filed for bankruptcy in the past, you may be wondering how soon you can file again in Hawaii. The exact amount of time you’ll need to wait will depend on a variety of factors, such as which type of bankruptcy...
Continue ReadingMedical Services & Financial Assistance Individuals, families, and businesses who are struggling after the devastating wildfires in the Lāhainā area are eligible to receive financial assistance, medical services, housing relief, and many other resources. Although dealing with the aftermath of the wildfires can be overwhelming, this comprehensive guide to navigating financial recovery after the Maui wildfires is intended to...
Continue ReadingWhen Is It a Good Idea To Convert To Chapter 13 Bankruptcy? If you’re thinking about filing for bankruptcy, one of the things you’ll need to do is find out whether you qualify for Chapter 7 or Chapter 13 bankruptcy. These two types of bankruptcy both have the same goal of paying off some of your debt while helping...
Continue ReadingDo Hawaii Bankruptcy Laws Affect Your Filing Frequency? The decision to file for bankruptcy is a major one that comes with various stipulations and timelines. One common question is how often you can file for bankruptcy, a topic that necessitates professional insight. Guidance from a seasoned Honolulu bankruptcy attorney can shed light on this complex matter, helping you navigate...
Continue ReadingWhat Assets Can You Keep In Bankruptcy In Hawaii? If you’re thinking about filing for bankruptcy, you might have heard about asset seizure and are wondering what you can do to protect your assets while also finding a way to deal with overwhelming debt. Fortunately, it’s not true that filing for bankruptcy means you’ll lose all of your assets....
Continue ReadingA Comprehensive Guide to Converting from Chapter 13 to Chapter 7 Bankruptcy Understanding bankruptcy laws can be a daunting task. That’s where a trusted Honolulu bankruptcy attorney, like Blake Goodman, P.C., can guide you through the process. Bankruptcy chapters 13 and 7 differ significantly, each with its unique advantages and challenges. You might find yourself in a situation where...
Continue ReadingHow Bankruptcy Can Help You Discharge Title Loan Debts Title loans serve as a financial lifeline for individuals in urgent need of immediate cash, especially those with low credit scores. However, the implications of these loans can be burdensome, with high interest rates and strict repayment timelines. If you find yourself overwhelmed by title loan debts and considering bankruptcy...
Continue ReadingWhat To Expect When Filing for Bankruptcy for Your Small Business Running a small business is a lot of hard work. But even if you’re doing everything right, there are times when things can go wrong financially. If you’re struggling to keep your head above water, you may be wondering if filing for bankruptcy is the right decision. In...
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