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
  • 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.
  • 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.
  • He was very thorough and had great follow through and communication

    “He was very thorough and had great follow through and communication”

    - Letty P.
  • 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.
  • 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
  • What a relief.

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

    - Jennifer
  • 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.
  • Eric Does a Fantastic Job!

    “If you need any legal advice/assistance with estate planning, bankruptcy or business law, call Ronke Law!!”

    - Katherine H.
  • 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.
  • 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
  • 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.
  • Great for people that need assistance with payments.

    “Great for people that need assistance with payments.”

    - Lisa P.
  • 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
  • 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.
  • 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
  • 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 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.
  • 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.
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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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