Until recently, the Non-judicial process settled most foreclosure cases in Hawaii.
The current trend follows the application of the judicial foreclosure process.
- The judicial foreclosure process allows twenty days for the property owner to respond to the summons under Foreclosure laws.
- Similarly, the lender will also be required to advertise in a newspaper or website for a period not less than two weeks about the property being available for sale.
- The court allows an exemption for bankruptcy to the extent of $12,725 in individuals and $25,450 in the case of a married couple.