Bill Harstad Offers Insight on Bankruptcy in Hawaii

Although bankruptcy rates in Hawaii remain low compared to the rest of the U.S., an uptick in filings in 2018 could indicate the beginning of a new trend. Honolulu partner Bill Harstad provided insight into the bankruptcy process, and offered tips for debtors and creditors in his recent "Lawyer Up" column in the Star-Advertiser. "Despite the economy’s apparent health, it might be a good time for both potential debtors and creditors to assess the possibility of bankruptcy affecting businesses or transactions," Harstad writes.