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 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. -
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 -
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. -
Eric offers better financial options than the other lawyer we met with and opportunities to help build our credit back
“My husband and I had decided to file for bankruptcy and it wasn't an easy decision to make. We had worked really hard to get where we were at. We met with two different lawyers and out of the two Ronke Law was the better fit for us. Eric and his staff were”
- Lindsay M. -
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. -
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 -
I highly recommend Eric at Ronke Law!!
“If anyone is starting or looking to switch a business over to an LLC, I highly recommend Eric at Ronke Law!!”
- Mark J. -
Great for people that need assistance with payments.
“Great for people that need assistance with payments.”
- Lisa P. -
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. -
We would definitely recommend him to others.
“Mr. Ronke answered all of our questions throughout the process and knew exactly how to help us through it. We would definitely recommend him to others.”
- Judy N. -
Compassionate & Understanding
“He is compassionate and understanding of your situation if you're filing for Bankruptcy, he is excited and your biggest supporter when getting your LLC set up, and when it comes to your will and trust he listens to whats most important to you”
- Kyle J. -
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. -
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. -
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. -
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. -
Exactly What Is Needed
“Eric is a very professional lawyer. He educates and guides you in a compassionate way through your legal process.”
- Judy A. -
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. -
A Conscientious and Authentic Attorney
“If you are going through legal situations where you are not sure to turn, I definitely would encourage anyone to talk with Eric at Ronke Law.”
- Client -
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.
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
Download our complimentary book,
"Rebuilding Your Life After Bankruptcy"
Written by Eric J. Ronke
