This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Bankruptcy Exemption in Hawaii

In Hawaii, bankruptcy exemptions are governed by state law, which allows debtors to protect certain property from creditors by claiming a $1 exemption amount under Haw. Rev. Stat. § 651-92. This statute, along with §§ 651-121 and 651-124, sets out the specific property types and value limits a debtor may exempt when filing for bankruptcy under 11 USC 522(b). Federal law also imposes additional limits under 11 USC 522(p). The official source at the Hawaii legislature website provides the exact statutory language and any applicable exceptions or conditions. The worked example below demonstrates how this exemption applies in a typical case. To estimate your own exemption amount, use the calculator on this page.

Governing authority

In Hawaii, the bankruptcy exemption rule is set by Haw. Rev. Stat. §§ 651-92, 651-121, 651-124; 11 USC 522(b), 522(p). The verified packet cites Haw. Rev. Stat. §§ 651-92, 651-121, 651-124; 11 USC 522(b), 522(p) (https://www.capitol.hawaii.gov/hrscurrent/Vol13_Ch0601-0676/HRS0651/HRS_0651-0092.htm).

Hawaii bankruptcy exemption: the verified value is $1 under Haw. Rev. Stat. §§ 651-92, 651-121, 651-124; 11 USC 522(b), 522(p). The verified packet cites Haw. Rev. Stat. §§ 651-92, 651-121, 651-124; 11 USC 522(b), 522(p) (https://www.capitol.hawaii.gov/hrscurrent/Vol13_Ch0601-0676/HRS0651/HRS_0651-0092.htm).

Estimate your own result: every situation has exceptions that can change the outcome. Use the bankruptcy exemption calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.