The state of Hawaii saw a dramatic increase in Chapter 7 bankruptcy filings last year. According to statistics from the U.S. Bankruptcy Court, District of Hawaii, the state saw an increase in filings of 28 percent.
In total there were 3,954 bankruptcy cases filed compared to 3,101 filed last year. Of the 3,101 cases filed, 3,078 were Chapter 7 bankruptcies, up 24 percent from last year's 2,481 cases.
In 2010 there were 853 Chapter 13 bankruptcies filed, up 42 percent from the 599 cases filed in 2009.
Although filing for bankruptcy is never an easy choice to make, it doesn't have to be as difficult as it may at first appear. Contact a qualified bankruptcy attorney now to decide whether you should file for Chapter 7 bankruptcy or if you have other options available to you. Choose a bankruptcy lawyer with a history of success that can minimize your losses, help you compile the necessary documents, file the appropriate paperwork and represent your case in court.
Planning to file for Chapter 7? Contact us to get advice from a San Antonio bankruptcy.