Hawaii Credit Laws

Sale of Goods: 4 - Open Acct: 6 - Written Contract 6 - Domestic Judgment 10 - Foreign Judgment 6 for regis./10 after regis.

Damages equal to $100 or triple amount of check, not to exceed $500.

Hawaii homestead exemption is $12,000. Those who are the head of household or individuals 60 years of age or over but not 70 years of age or over get 2.0 multiple or $24,000 exemption, and individuals who are 70 years of age or over get a 2.5 multiple of the $12,000 exemption or $30,000. The property must not exceed one acre. The sale proceeds of the homestead may be exempt for up to one year after the sale. The homestead exemption limit in Idaho is $104,471 for real property.

ADDING FEES

A collection agency shall not collect, or attempt to collect, any collection fee or attorney's fee or commission from any debtor; provided that an attorney's fee or commission may be collected after filing of a suit against any debtor and the fee or commission shall not be in excess of twenty-five per cent of the unpaid principal balance. All attorney's fees or commissions collected by a collection agency shall be remitted to the attorney and no portion of the collection shall be retained by the collection agency.  (b) This section shall not prohibit a collection agency from collecting, or attempting to collect from a debtor, a commission authorized under a contract with the University of Hawaii, or a contract with the department of taxation pursuant to sections 231-13 and 231-26.