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Public Benefits Exemptions for Hawaii

Public Benefits Exemptions for Hawaii

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Hawaii Pension Exemptions
 
Hawaii Tools of Trade Exemptions

Updated: 2021-03-08 by

Federal "non-bankruptcy" Public Benefits exemptions (available in all states)

Federal Bankruptcy Code §522(d) Public Benefits Exemptions

The Federal Bankruptcy Exemptions are available to you if

  • you haven't lived in any state longer than 180 days for a while, or
  • if your state allows the Federal exemptions as a choice.

Does Hawaii allow debtor the option of using the Federal Bankruptcy exemptions instead of state law exemptions?

Yes. Federal exemptions available.

 

Hawaii Pension Exemptions
 
Hawaii Tools of Trade Exemptions

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    Retirement accounts that are recognized by the IRS are exempt by law in bankruptcy up to over a million dollars. State law may provide additional protection for specific kinds of pensions, under state law.

  • Hawaii Tools of Trade Exemptions

    Most states allow an exemption for "tools of trade or profession"... this can include tools, books, even vehicles. Sometimes can be an alternative to the motor vehicle exemption.

  • Does Hawaii Adjust Exemptions for Inflation?

    The Federal Government adjusts Federal exemption amounts every three years. Does Hawaii adjust exemption amounts?

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Hawaii: Law

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