Hawaii Revised Statutes 651C-7 – Remedies of creditors
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 651C-7
- Asset: means property of a debtor but does not include:
(1) Property to the extent that it is encumbered by a valid lien;
(2) Property to the extent that it is generally exempt under nonbankruptcy law; or
(3) An interest in property held in tenancy by the entireties to the extent that it is not subject to process by a creditor holding a claim against only one tenant. See Hawaii Revised Statutes 651C-1
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Claim: means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. See Hawaii Revised Statutes 651C-1
- Creditor: means a person who has a claim against a debtor. See Hawaii Revised Statutes 651C-1
- Debtor: means a person against whom a creditor has a claim. See Hawaii Revised Statutes 651C-1
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Property: means anything that may be the subject of ownership. See Hawaii Revised Statutes 651C-1
- Transfer: means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes a payment of money, a release, a lease, and the creation of a lien or encumbrance. See Hawaii Revised Statutes 651C-1