How do I know if I qualify for a Chapter 13 bankruptcy?

In order to qualify for a Chapter 13 bankruptcy in Hawaii, you must meet certain criteria. First, you must have a regular source of income. This means you must have a job, receive a government disability pension, or receive retirement income from a pension or Social Security. Second, you must have a sufficient amount of debt to qualify. In Hawaii, you must owe less than $453,100 in unsecured debts and less than $1,081,400 in secured debts. Additionally, you must also be able to make the payments outlined in the repayment plan proposed by the court. To determine if you are eligible for a Chapter 13 bankruptcy, you should speak to a bankruptcy lawyer. A bankruptcy lawyer can provide you with the legal advice you need to assess your financial situation and determine whether or not filing for a Chapter 13 bankruptcy is right for you. In addition, they will explain the timeline for a Chapter 13 filing in Hawaii and provide clear insight into the requirements for filing for this form of bankruptcy. By speaking to a qualified bankruptcy lawyer, you can better understand the requirements for filing for a Chapter 13 bankruptcy in Hawaii. Additionally, they will help you understand the steps of the process and answer any questions you may have about the bankruptcy process.

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How do I know if I qualify for a Chapter 13 bankruptcy?

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