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
  • 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.
  • 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.
  • 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 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.
  • 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.
  • 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.
  • Amazing!

    “Eric answered all of our questions. He was very easy to get a hold of. You spoke directly to him, not to a secretary that passed on the information. He handled our needs quickly. We will definitely be doing business with him in the future.”

    - Shawn G.
  • 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
  • Thank You!

    “Did a really great job for my family. Made the process very quick and painless. Thank You!”

    - Robert M.
  • 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.
  • 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.
  • Someone You Can Trust

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

    - Jay
  • 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.
  • Eric and his team are WONDERFUL!!!

    “Eric and his team are WONDERFUL!!! Make the whole process easy and understanding! They always got right back to me when I would call or Email them! They all definitely went above and beyond. Thanks so much Eric, Maria and Mackenzie and anyone else on the b”

    - Nikki H.
  • Eric Made My Bankruptcy Easy & Less Stressful

    “Eric made my bankruptcy easy and less stressful. He walked me through all of the steps needed and always answered all of my questions. I would recommend him to any of my friends/family!”

    - Carly K.
  • 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
  • Diamond In The Rough

    “Eric, was amazing very responsive when I had questions. Explained the whole process upfront with everything.”

    - Joshua S.
  • I would highly recommend Eric Ronke and Ronke Law.

    “I would highly recommend Eric Ronke and Ronke Law.”

    - David 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.
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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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  • Wealth Counsel Member
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