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
  • 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.
  • 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 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.
  • 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
  • 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
  • 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.
  • Highly recommend.

    “Always ready to help.”

    - Vesna 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.
  • Thank You!

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

    - Robert M.
  • 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 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
  • Eric gets back to me fast.

    “Eric gets back to me fast. Answers all my questions timely. It was very apprectiated.”

    - Melvin V.
  • 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 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.
  • 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 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.
  • 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.
  • What a relief.

    “Great service! They were knowledgeable and made me feel comfortable. I would definitely recommend Ronke Law.”

    - Jennifer
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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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