Chapter 7 CREATING PEACE OF MIND

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
  • 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.
  • 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
  • Someone You Can Trust

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

    - Jay
  • 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
  • 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.
  • 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
  • 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.
  • Never Felt Rushed or Forced into Making Decisions Without Knowing All the Facts

    “Eric takes the time to make sure you understand everything and what is to be expected from the very beginning.”

    - Amanda W.
  • 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.
  • 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.
  • 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.
  • 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 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.
  • Eric Does a Fantastic Job!

    “If you need any legal advice/assistance with estate planning, bankruptcy or business law, call Ronke Law!!”

    - Katherine H.
  • 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
  • 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.
  • Highly recommend.

    “Always ready to help.”

    - Vesna S.
  • 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
  • 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.
  • 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.
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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

  • EstatePlanning.com
  • Wealth Counsel Member
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