The United States Constitution (Article 8, Section 8) enforces the Bankruptcy laws under the federal jurisdiction.
Such filings ensure the debtors to solve their various problems regarding debts.
Hawaii Bankruptcy laws has a feature that allows the petitioner to make a choice between the state and federal laws of bankruptcy.
- Hawaii bankruptcy laws have exemptions that might save you from property loss to some extent.
- For filings under Chapter 7, the court allows benefits such as quick discharge and proper protection.
- A means test, credit counseling and such other factors have been included in the new act which must be known.