Bankruptcy Attorney in Honolulu

Helping Debtors & Creditors Across Oahu

If you are involved in a bankruptcy proceeding on the island of Oahu, whether as a debtor or as a creditor, you want an experienced bankruptcy attorney who will take the time to thoroughly evaluate your situation, help you identify your options, and give you a realistic idea of how your case will turn out. As a debtor, bankruptcy can give you a fresh start, but there are costs. As a creditor, you need to be certain that your interests are protected so that you maximize your recovery.

At Donald L. Spafford, Jr., Attorney at Law, we have counseled people for over 40 years. Our Honolulu bankruptcy lawyer represents debtors and creditors in all types of bankruptcy proceedings. 

Contact us to schedule a confidential meeting to discuss your bankruptcy concerns. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Guidance Through Personal Bankruptcy in Honolulu

We represent debtors and creditors in Chapter 7 and Chapter 13 personal bankruptcy proceedings, often in situations where credit card debt or adjustable mortgage rates have led to financial problems. If you are a debtor and qualify for a Chapter 7, we will help identify property that is exempt from sale, so that you can discharge debt without losing critical assets, such as your home or automobile. If you file a Chapter 13, we will help structure repayments so that your debt load is manageable and you can meet your obligations.

The bankruptcy laws changed in 2005, making it more difficult for individuals to qualify for a Chapter 7 bankruptcy filing. Debtors must now submit to a means test, where the bankruptcy court reviews the last six months of their income and determines whether they earn enough to enter into a repayment plan with their creditors. If you do, you will fail the means test and your only option with respect to bankruptcy will be to file a Chapter 13. We understand the new bankruptcy laws and will work with you to help you meet the requirements of the means test if Chapter 7 is in your best interests.

Strategic Business Bankruptcy

We also represent debtors and creditors in Chapter 11 "Reorganization" proceedings. Whether you are a business owner trying to manage your debt or a creditor looking for assurances that you will be paid, we can help.

Local Bankruptcy Support in Honolulu: Navigating Financial Challenges Together

Living in Honolulu, we understand the unique financial pressures that come with residing in one of the most beautiful yet expensive places in the world. Whether you're dealing with high living costs, unexpected medical bills, or fluctuating income from tourism-related jobs, financial struggles can be overwhelming. At Donald L. Spafford, Jr., Attorney at Law, we are here to help you navigate these challenges and find a path to financial stability.

We are well-acquainted with local resources and government entities such as the City and County of Honolulu and the Hawaii Department of Commerce and Consumer Affairs, which provide valuable information and support for residents considering bankruptcy. While we do not partner directly with these entities, we can guide you on how to utilize their resources effectively.

For many Honolulu residents, the high cost of living can lead to mounting credit card debt and difficulty keeping up with mortgage payments. If you're facing these issues, filing for bankruptcy might be a viable solution to regain control of your finances. We offer personalized guidance through both Chapter 7 and Chapter 13 bankruptcy processes, ensuring you understand your options and the potential outcomes.

Our deep understanding of Honolulu's economic landscape allows us to provide tailored advice that addresses your specific needs. Whether you're a local business owner struggling with debt or an individual trying to protect your home, we are committed to helping you achieve the best possible outcome. 

If you need an experienced bankruptcy attorney in Honolulu, contact our offices to schedule a confidential consultation. We are located in the Pauahi Tower in Honolulu's central business district. Evening and weekend hours are available upon request.