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
  • I had a great experience with all the people there.

    “I had a great experience with all the people there. I was completely stressed out and high maintenance and they were right on top of everything. I highly recommend them. They are responsive to all my questions, and put up with a lot from me! But great Law”

    - Debbie G.
  • Superior Quality & Service

    “As a law enforcement officer with over 27+ years of service I honestly cannot remember when the last time was when I reviewed legal documents that are commensurate with the high detail exhibited by the ones he had prepared for my father.”

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

    “Great for people that need assistance with payments.”

    - Lisa P.
  • 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.
  • I would highly recommend Ronke Law

    “I could not be happier with the time it took to get my legal matters cleared up and how responsive the staff to acknowledge my concerns, I would highly recommend Ronke Law”

    - Charles C.
  • Someone You Can Trust

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

    - Jay
  • Knowledgeable and Is Committed to His Clients

    “Eric did a great job helping with my living trust. He is very knowledgeable and is committed to his clients.”

    - Todd S.
  • 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.
  • Eric and his assistant are great to work with, they both have been very on top of communication during such a stressful process.

    “Eric and his assistant are great to work with, they both have been very on top of communication during such a stressful process. I felt at ease knowing that he is so experienced and knowledgeable in Bankruptcy, the process may have had some road blocks but”

    - Kristen R.
  • Highly recommend!

    “Erik is very knowledgeable, helpful, down to earth great attorney. Highly recommend!”

    - Sarah F.
  • Everyone is nice and informative in the office!

    “Everyone is nice and informative in the office! Would recommend them to everyone I meet”

    - Dan T.
  • 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.
  • A very positive experience.

    “A very positive experience. I would recommend Eric without hesitation. He prepared a trust for me with a timeline that made me feel like he valued my business and made me a priority. At a very reasonable rate. If you’re looking for personal service f”

    - Dan J.
  • 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.
  • Highly recommend!

    “Bankruptcy can be a VERY intimidating and overwhelming load to overcome. Eric made it so much easier. He was there every step of the way. Anytime anything popped up that worried me, he was fast to reply and let me know it's all normal and part of the deal.”

    - Tom A.
  • I Would Recommend Eric to Anyone

    “Eric is great at his job and made my wife feel comfortable with discussing uncomfortable topics so that our family is protected in the event one of us or both of us should leave this earth. I would recommend Eric to anyone.”

    - Scott
  • What a relief.

    “Great service! They were knowledgeable and made me feel comfortable. I would definitely recommend Ronke Law.”

    - Jennifer
  • 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
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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
Free e-Book

Download our complimentary book,
"Rebuilding Your Life After Bankruptcy"
Written by Eric J. Ronke

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