The Hawaii Statement of Current Monthly Income and Disposable Income Calculation for Use in Chapter 13 — Post 2005 is a crucial document used in bankruptcy cases within the state of Hawaii. It helps determine an individual's ability to repay their debts under a Chapter 13 bankruptcy plan. This statement applies to bankruptcy filings made after 2005, as there were significant changes to the bankruptcy laws during that time. The Statement of Current Monthly Income assesses the individual's financial situation by documenting their income sources for the previous six months. This includes wages, salaries, self-employment income, rental property income, pensions, and any other regular sources of money received during that period. By consolidating this information, the court gains insight into the individual's financial capability. The Disposable Income Calculation part of the statement evaluates the person's ability to repay their creditors. It takes into account their reasonable and necessary expenses, such as housing, utilities, transportation, food, healthcare, and other expenses deemed essential. The court reviews these expenses against the individual's average monthly income to determine their disposable income — the amount available to repay creditors. Different types of Hawaii Statement of Current Monthly Income and Disposable Income Calculation for Use in Chapter 13 — Post 2005 may vary depending on the complexity of the individual's financial situation. For example, if the person has a complex income structure, involving multiple businesses or rental properties, a more detailed breakdown may be required. Additionally, individuals with substantial expenses such as medical treatments or support payments may need to provide supporting documentation to accurately reflect their disposable income. Overall, the Hawaii Statement of Current Monthly Income and Disposable Income Calculation for Use in Chapter 13 — Post 2005 plays a vital role in bankruptcy cases, allowing the court to assess the individual's financial standing and create a feasible repayment plan. It ensures fairness and accountability during the bankruptcy process while helping individuals regain control of their financial future.