Top Hilo, HI Business Bankruptcy Lawyers Near You
121 Waianuenue Ave., Hilo, HI 96720
Hualalai Center, 75-170 Hualalai Rd, Ste 303-B, Kailua-Kona, HI 96740
We found a limited number of Business Bankruptcy law firms in Hilo. Below are some of the closest additional firms.
One Main Plaza, 2200 Main St., Suite 400, Wailuku, HI 96793
349 Illiania Street, Kailua, HI 96734
707 Richards St, Suite 625, Honolulu, HI 96813
Central Pacific Plaza, 220 S King St., Ste 1900, Honolulu, HI 96813
810 Richards Street, Suite 880, Honolulu, HI 96813-4734
Century Square, 1188 Bishop St, Honolulu, HI 96813
The Merchant House, 222 Merchant St. Suite 205, Honolulu, HI 96813
1132 Bishop Street, Suite 2400, Honolulu, HI 96813
1000 Bishop St, Suite 1200, Honolulu, HI 96813
1003 Bishop St, Suite 2700, Honolulu, HI 96813
1001 Bishop Street, Suite 1800, Honolulu, HI 96813
999 Bishop St, Suite 2100, Honolulu, HI 96813
Davies Pacific Center, 841 Bishop St., Suite 1800, Honolulu, HI 96813
Hilo Business Bankruptcy Information
Lead Counsel Verified Attorneys in Hilo
Lead Counsel independently verifies Business Bankruptcy attorneys in Hilo and checks their standing with Hawaii bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.