Chapter 13 CREATING PEACE OF MIND

Chapter 13 Bankruptcy Lawyer in Sioux Falls

Effective Bankruptcy Representation in Your Time of Need

The second most common type of bankruptcy in the U.S. is Chapter 13, or the “wage earner’s” filing. This type of bankruptcy is common among those who have enough income to create a plan to repay part or all of the debt they owe. In Chapter 13 bankruptcy, you create a repayment plan and pay monthly installments to your bankruptcy trustee over a three- to five-year period. The trustee will distribute those payments to your creditors. You will have no further direct contact with your creditors, who also will be prohibited from any further collection attempts.

Ready to discuss your financial situation? Call Ronke Law at (605) 250-9988 for a free consultation.

The Ins & Outs of Chapter 13

An advantage of Chapter 13 is that it provides an opportunity to avoid foreclosure on your home. Under this plan, you can halt foreclosure proceedings and make up your back-mortgage payments over time. Another advantage is that you can reschedule other secured debts and pay them over three to five years, which could reduce the payments.

To be eligible for Chapter 13, both your secured and unsecured debt must be less than specified amounts set by the government. You must also demonstrate to the court that you have a steady source of income that will cover both your monthly household expenses as well as your required payments under your repayment plan.

While Chapter 13 bankruptcy is not available for businesses, as an individual you can pay business-related debts in this plan if you are personally responsible for them. You may also be able to pay past-due debts such as income taxes, child support, and alimony over time.

Your monthly payments will be determined by:

  • The amount of your debt
  • The types of debt you owe
  • Your income
  • Your expenses

At the end of your Chapter 13 repayment plan, whatever debt remains on the plan will generally be discharged.

Schedule a Free Consultation Today

At Ronke Law, we can review your financial situation to help you determine if Chapter 13 is right for you. We have helped hundreds of individuals get a fresh start and find relief from the overwhelming debt they faced. Our Chapter 13 bankruptcy lawyer in Sioux Falls can carefully review your case and help you take the right step forward.

To discuss your eligibility and needs with our firm, request a consultation through our online contact form or call (605) 250-9988.

Client reviews

People Matter Most
  • Eric and his team are WONDERFUL!!!

    “Eric and his team are WONDERFUL!!! Make the whole process easy and understanding! They always got right back to me when I would call or Email them! They all definitely went above and beyond. Thanks so much Eric, Maria and Mackenzie and anyone else on the b”

    - Nikki H.
  • Great Attorney

    “Great to work with. Always available to answer questions. Great Attorney”

    - Chris W.
  • Eric was fantastic as was his staff!

    “Eric was fantastic as was his staff! I would recommend him to anyone and everyone. Thank you Eric, you are awesome!!”

    - Sarie L.
  • I highly recommend them!

    “Eric and Maria were so professional and responsive to any questions I had! They really made this process so easy and never made me feel bad about having to file for bankruptcy. I highly recommend them! Thank you Eric for everything!”

    - Cynthia D.
  • Gives Sound Advice That Has Guided My Decision Making

    “Eric is one the few lawyers I have enjoyed talking to and gives sound advice that has guided my decision making.”

    - Jordan V.
  • Professional Relationship

    “Not only does he focus on his clients personal needs but spends additional time networking to grow his business relationships to help further serve his clients.”

    - Brandon S.
  • Ronke Law is the full experience!

    “You have chosen the right place! Thank you Eric for your stellar service hands down the best experience!”

    - Cristal K.
  • Prompt, Professional, & Personable

    “If any individuals were ever in our situation and had to make this decision as well, I would without a doubt refer them to Eric.”

    - Client
  • If you need a great bankruptcy lawyer, than I would definitely recommend Ronke Law, PLLC!

    “Eric and his staff are very professional and took care of me during a very difficult time of my life. If you need a great bankruptcy lawyer, than I would definitely recommend Ronke Law, PLLC! Thanks again Eric for the easy process of filing bankruptcy and”

    - Andrew S.
  • Very helpful at all times!

    “Eric and his staff take the time to listen to understand and listen to your situation! Very helpful at all times!”

    - Terry R.
  • Someone You Can Trust

    “I would highly recommend Eric for any legal assistance you may need.”

    - Jay
  • Very Smooth Process

    “Was a very smooth process to set up an LLC. It really has paid off to have it all filed correctly and was able to bring up other start-up questions that are good to go over ahead of time.”

    - John H.
  • Eric gets back to me fast.

    “Eric gets back to me fast. Answers all my questions timely. It was very apprectiated.”

    - Melvin V.
  • They made the whole process seamless

    “They are very efficient and was always there with a quick response to answer any questions I had. They made the whole process seamless”

    - Karen R.
  • Eric is Great to Have on Your Team

    “I have recommended Eric to many people, including letting him handle my own personal matters. Give him a call for your legal matters.”

    - Client
  • Thank You!

    “Did a really great job for my family. Made the process very quick and painless. Thank You!”

    - Robert M.
  • He kept me informed every step of the way!!!

    “He will forever be my go lawyer if I ever need court assistance in the future.”

    - Joshua S.
  • I found Eric to be an extremely knowledgeable, professional, easy to communicate with, effective attorney.

    “I found Eric to be an extremely knowledgeable, professional, easy to communicate with, effective attorney. His practice offers the unique ability to administer services to a wide range of clientele due to him being a compassionate, genuine human being. I a”

    - Cody B.
  • Honest, Trustworthy, Sincere, & Knowledgeable

    “I appreciate how he explains things to me so I feel "in the know" with the situation and not intimidated.”

    - Cristal
  • Great for people that need assistance with payments.

    “Great for people that need assistance with payments.”

    - Lisa P.
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Ronke Law

Why We're The Best Choice For You
  • Quality Service With an Attorney Who Cares
  • 720CreditScore.com Services after Bankruptcy
  • Payment Plans Available
  • Free In-Person Consultations
  • Services Available in English & Spanish
  • Work Directly With the Attorney
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Download our complimentary book,
"Rebuilding Your Life After Bankruptcy"
Written by Eric J. Ronke

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