Legal solutions for credit card debt in Japan include voluntary arrangement (negotiated interest cuts, 3-5 year repayment), individual rehabilitation (up to 80% debt reduction under Civil Rehabilitation Act Art. 221, housing loan exception Art. 196), bankruptcy (discharge under Bankruptcy Act Art. 252), and specified mediation. Choice depends on debt amount, income stability, and whether you need to keep your home. Interest Rate Restriction Act Art. 1 caps rates at 15-20%.
Debt Relief- View allLast updated: 2026-03-13
Credit Card Debt Solutions in Japan: 4 Legal Options
Key Takeaways
- ✓Revolving payments easily accumulate interest and lead to multiple debts
- ✓Voluntary restructuring can eliminate future interest, leaving only principal
- ✓Four resolution methods are available depending on debt and income
- ✓Early consultation broadens the range of available solutions
Free Tools for This Area
This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.
Related Articles
Personal Bankruptcy in Japan: Procedure and Consequences
Guide to personal bankruptcy in Japan: procedures, consequences, and what assets you can keep.
Debt Restructuring in Japan: Voluntary vs. Court-Supervised Rehabilitation
Comparison of voluntary debt restructuring and individual rehabilitation in Japan, including mortgage protection provisions.
Individual Rehabilitation in Japan: Keeping Your Home While Reducing Debt
Guide to individual rehabilitation (kojin saisei) in Japan, allowing debt reduction while keeping your home.
Related Q&A
Related Legal Terms
Find a lawyer through your local bar association
JFBA Legal Consultation Guide →