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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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. -
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. -
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. -
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 -
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 -
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 -
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 -
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. -
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. -
Great for people that need assistance with payments.
“Great for people that need assistance with payments.”
- Lisa P. -
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. -
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. -
Eric is so knowledgeable and explains it in a way that everyone can understand.
“I finally met with him a few years ago because I wanted to make sure my son was taken care of in the event that something would happen to me.”
- Jay T. -
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. -
Highly recommend.
“Always ready to help.”
- Vesna S. -
The Most Authentic Person You Could Have as Your Attorney
“He is the one attorney who is willing to listen, explain, and educate on the best course of action for your trust, business, and bankruptcy needs.”
- Dan O. -
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. -
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. -
Stellar Communication
“He is extremely professional and I would highly recommend him to anyone needing legal advice.”
- Raine -
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.
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
