Can I Keep My Home If I File Bankruptcy in Hawaii?

Hawaii’s homestead exemption allows most borrowers to keep $20,000 worth of equity in their homes. However, if the homeowner is a senior citizen that exemption rises to $30,000.
Homeowners may remain in their homes if they repay the mortgage according to the terms set by the bankruptcy court and they do not have significantly more equity in the property than that which is allowed by the homestead exemption law.

Speak to an Experienced Foreclosure Attorney Today

This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure attorney to discuss your specific legal situation.

Your Next Step:

Enter your location below to get connected with a qualified Foreclosure attorney today.

Additional Foreclosure Articles