Sioux Falls Chapter 7 Bankruptcy Attorney
Experienced & Dedicated Legal Services in South Dakota
Chapter 7 – sometimes called “straight” bankruptcy or “liquidation” bankruptcy – is the most common form of bankruptcy in the U.S. When you file for Chapter 7, the court implements an automatic stay that prohibits creditors from attempting to collect or taking legal action. This puts a stop to harassing phone calls and letters.
If you are in overwhelming debt, Ronke Law can help you explore your options. If Chapter 7 is right for your situation and aligns with your financial goals, we can initiate the legal action. Our Sioux Falls Chapter 7 bankruptcy lawyer will ensure that you understand the process ahead and will provide the representation and support you need throughout your case.
Contact us at (605) 250-9988 for a free, initial consultation concerning your financial situation.
How Chapter 7 Bankruptcy Works
In this type of bankruptcy, a trustee designated by the court will collect your non-exempt assets, which will be liquidated to pay off your debts. The state of South Dakota provides a long list of assets that are exempt from bankruptcy liquidation, such as your home, car, certain personal property, wages, pensions, public benefits, and more. In many cases, little remains that will be liquidated.
Whatever can be liquidated is used to pay off your creditors and the rest of your debt is discharged – meaning you will no longer owe it.
This type of bankruptcy generally discharges unsecured debt such as:
- Credit card debt
- Medical and dental bills
- Personal loans
- Utility bills
- Back rent
- Collection agency accounts
If you owe collateral-based debt, such as house and car payments, you must continue to pay those to keep the assets. Other types of debt cannot be discharged include child support, spousal support, certain taxes, student loans, personal injury damages, and penalties owed to government agencies.
To learn more, call Ronke Law at (605) 250-9988 today.
Client reviews
People Matter Most
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Someone You Can Trust
“I would highly recommend Eric for any legal assistance you may need.”
- Jay -
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. -
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!
“Erik is very knowledgeable, helpful, down to earth great attorney. Highly recommend!”
- Sarah F. -
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 -
Great for people that need assistance with payments.
“Great for people that need assistance with payments.”
- Lisa P. -
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 -
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. -
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. -
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. -
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. -
Stellar Communication
“He is extremely professional and I would highly recommend him to anyone needing legal advice.”
- Raine -
Cannot say enough about how thankful we are for choosing this route and the help we were given.
“My Husband and I had chosen Ronke Law last year and it was such a smooth experience. Cannot say enough about how thankful we are for choosing this route and the help we were given.”
- Dani S. -
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 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. -
He was very thorough and had great follow through and communication
“He was very thorough and had great follow through and communication”
- Letty P. -
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. -
Great Attorney
“Great to work with. Always available to answer questions. Great Attorney”
- Chris W. -
Knowledgeable and Courteous
“Mr. Ronke provided excellent service. He put my mind at ease and made me feel comfortable during the entire process. Eric was easy to communicate with and explained each step in detail - I never felt ...”
- Pam I
Ronke Law
Why We're The Best Choice For You-
Work Directly With the Attorney
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Free In-Person Consultations
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Payment Plans Available
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720CreditScore.com Services after Bankruptcy
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Quality Service With an Attorney Who Cares
Download our complimentary book,
"Rebuilding Your Life After Bankruptcy"
Written by Eric J. Ronke
