Debt Relief
Q. I can't repay my credit card debt. What should I do?
A.
Three options: voluntary arrangement, rehabilitation, or bankruptcy. Never borrow to repay debts.
Read more ▶
Options: voluntary arrangement (negotiate with creditors), personal rehabilitation (reduce to 1/5-1/10), or bankruptcy (full discharge). If interest exceeded legal limits (15-20% annually), overpayment refunds may apply. Never borrow to repay. Call Legal Aid Japan: 0570-078374.
This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.
Related Questions
Q. What happens when you file for personal bankruptcy? What are the downsides?
Q. What is individual rehabilitation (kojin saisei)?
Q. What is the statute of limitations on debt? What is invocation of prescription?
Q. What is voluntary debt arrangement and how does it differ from bankruptcy?
Q. Can my wages be garnished for unpaid debts?
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.
Free Tools
Find a lawyer through your local bar association
JFBA Legal Consultation Guide →