Debt Relief
Q. What is individual rehabilitation (kojin saisei)?
A.
Individual rehabilitation reduces debts to 1/5-1/10, repaid over 3-5 years. You can keep your home.
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Individual rehabilitation (Civil Rehabilitation Act Art. 221+) reduces debts to 1/5-1/10, repaid over 3-5 years. Key advantage: you can keep your home via the Housing Loan Special Provision (Art. 196). Debt must be under ¥50M.
This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.
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