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 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. -
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. -
Someone You Can Trust
“I would highly recommend Eric for any legal assistance you may need.”
- Jay -
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. -
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. -
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. -
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. -
I highly recommend them!
“Eric and Maria were so professional and responsive to any questions I had! They really made this process so easy and never made me feel bad about having to file for bankruptcy. I highly recommend them! Thank you Eric for everything!”
- Cynthia D. -
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. -
Highly recommend!
“Erik is very knowledgeable, helpful, down to earth great attorney. Highly recommend!”
- Sarah F. -
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. -
Eric gets back to me fast.
“Eric gets back to me fast. Answers all my questions timely. It was very apprectiated.”
- Melvin V. -
What a relief.
“Great service! They were knowledgeable and made me feel comfortable. I would definitely recommend Ronke Law.”
- Jennifer -
Ronke Law is the full experience!
“You have chosen the right place! Thank you Eric for your stellar service hands down the best experience!”
- Cristal K. -
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. -
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 -
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. -
Professional Relationship
“Not only does he focus on his clients personal needs but spends additional time networking to grow his business relationships to help further serve his clients.”
- Brandon S. -
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. -
Thank You!
“Did a really great job for my family. Made the process very quick and painless. Thank You!”
- Robert M.
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
