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Credit Card Debt Consolidation Help  in Hawaii
Call Today: (877) 274-1260
If you successfully complete our program, it’s possible that you’ll enjoy these benefits:
Settle your debts for less than you owe
  (read here for full details about how much you can expect to save)
Resolve your unsecured debts in 18 to 60 months
  (read here for full details on how long our program lasts)
No Up Front Fees - Don't Pay Till You See Results!
 
 
 
Hawaii  Debt Relief
Debt settlement, also known as debt negotiation and debt reduction, is the process by which we negotiate and settle a debt for a reduced amount on behalf of a client. When successful, it is possible that Franklin Debt Relief can settle their debts for less than what is owed, all with the convenience of one low program payment. The savings from our debt settlement program can potentially be tremendous versus making your minimum payments, and it is in some cases the cheapest and fastest debt relief, debt consolidation or debt help option available to Florida consumers.

If you're overwhelmed with credit cards, medical bills, balances from a repossession, or accounts in collections, call for a free consultation: (877) 274-1260.
 
Pertinent Hawaii  Debt Relief and Debt Help Laws
(This is intended to be a helpful and informational debt resource for Hawaii consumers and does not constitute legal advice. For legal advice about your situation, contact a licensed professional in Hawaii.)

Debt Collection

Hawaii follows the set of federal laws dealing with collection agencies (and law firms that collect debts) that are collectively known as the Fair Debt Collection Practices Act (FDCPA). For more information on the FDCPA follow this link: debt collection.

In addition:

- Original creditor or creditor collecting own debt must comply with all the provisions of the FDCPA, except those provisions dealing with required disclosures. (For example, the original creditor does not have to verify the debt's validity).
-Debt collector cannot attempt to convince the debtor to pay debt discharged in bankruptcy without clearly disclosing the nature and consequence of agreement and fact that debtor is not legally obligated to pay debt.
-Debt collector cannot attempt to convince the debtor to agree that debt was incurred to pay for necessities of life when debt was not for that purpose.
-Debt collector cannot attempt to convince debtor to pay a collections fee.
-claim it has something of value in its possession in an attempt to lure the debtor

Maximum Interest Rate a Collection Agency Can Charge in Hawaii: 10%

Hawaii Wage Protection: 100% protection for 31 days

Statute of Limitations

A statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in Texas but currently live in Hawaii, the applicable statutes of limitations would be Texas'.)

Oral Agreements: 6 years
Written Contracts: 6 years
Promissory Notes: 6 years
Open Accounts (credit cards): 6 years

Bankruptcy Courts

United States Bankruptcy Court
District of Hawaii
1132 Bishop Street, Suite 250-L
Honolulu, HI 96813

Bankruptcy Exemptions

Bankruptcy exemptions are protected assets that the bankruptcy code mandates that a debtor is entitled to keep in order to adequately get a "fresh start" after filing. Bankruptcy exemptions vary from state to state, and the following list is the property that is protected in the bankruptcy code of Hawaii. For more information, follow this link: bankruptcy exemptions.

Also, Hawaii is a tenancy by the entirety property state. Click here to learn about what this means if you have debt that's in only one spouse's name.

-Head of family or over 65: property to $30,000
-Single and under 65: property to $20,000
-Property sales exempt for 6 months after sale

Insurance

-Annuity contract or endowment policy proceeds if beneficiary is insured's spouse, child, or parent
-Accident, health, or sickness benefits
-Fraternal benefit society benefits
-Group life insurance policy or proceeds
-Life insurance proceeds if clause prohibits proceeds being used pay beneficiary's creditors
-life or health insurance policy for spouse or child

Public Benefits

-Crime victims' compensation and special accounts created to limit commercial exploitation of crimes
-Public assistance paid by Dept. of Health services for work done in home or workshop
-Temporary disability benefits
-Unemployment compensation
-Unemployment work relief funds to $60 per month
-Workers' compensation

Pensions

-ERISA-qualified benefits deposited over 3 years before filing
-Firefighters
-Police Officers
-Public officers and employees

Tools of Trade

-Tool of trade, implements, books, instruments, uniforms, furnishings, fishing boat, nets, motor vehicle, and other property needed for livelihood

Other

-Property of business partnership
 
 
 
 
 

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