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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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 -
He was very thorough and had great follow through and communication
“He was very thorough and had great follow through and communication”
- Letty P. -
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 -
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. -
I would highly recommend Eric Ronke and Ronke Law.
“I would highly recommend Eric Ronke and Ronke Law.”
- David S. -
Diamond In The Rough
“Eric, was amazing very responsive when I had questions. Explained the whole process upfront with everything.”
- Joshua S. -
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 -
Eric Does a Fantastic Job!
“If you need any legal advice/assistance with estate planning, bankruptcy or business law, call Ronke Law!!”
- Katherine H. -
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. -
Great Attorney
“Great to work with. Always available to answer questions. Great Attorney”
- Chris W. -
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. -
Honest, Trustworthy, Sincere, & Knowledgeable
“I appreciate how he explains things to me so I feel "in the know" with the situation and not intimidated.”
- Cristal -
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. -
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. -
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. -
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. -
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. -
Highly recommend!
“Erik is very knowledgeable, helpful, down to earth great attorney. Highly recommend!”
- Sarah F. -
Stellar Communication
“He is extremely professional and I would highly recommend him to anyone needing legal advice.”
- Raine -
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.
Ronke Law
Why We're The Best Choice For You-
Quality Service With an Attorney Who Cares
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720CreditScore.com Services after Bankruptcy
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Payment Plans Available
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Free In-Person Consultations
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Services Available in English & Spanish
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Work Directly With the Attorney
Download our complimentary book,
"Rebuilding Your Life After Bankruptcy"
Written by Eric J. Ronke
