Is Chapter 7 Bankruptcy Right For You?

Do you continually receive harassing phone calls from creditors? Are you unable to make your mortgage payments? Are credit cards, medical bills and other debts piling up? Bankruptcy may be a smart choice for your situation.

At Thesenvitz & Mickelson, LLP, we help the Sioux Falls, South Dakota, community in bankruptcy law matters, including Chapter 7 and Chapter 13 bankruptcies. When financial distress is taking over your life, you do not need to suffer. You have legal options, and a lawyer at our firm can help you find a solution that best suits your needs.

Sioux Falls Chapter 7 Attorneys Working On Your Team

Even after the new bankruptcy laws passed in 2005, most people still qualify for Chapter 7. Chapter 7 is known as a liquidation or "straight" bankruptcy, where your unsecured debts are discharged in the bankruptcy court. Prior to filing bankruptcy, it is critical to speak with a lawyer about the best way to proceed. Certain actions could be detrimental to your situation, such as transferring property and paying off certain debts in large amounts.

It is a common misconception that you will lose all your personal belongings, such as your home and car. At our firm, we will counsel you on the benefits of bankruptcy and how you will likely be able to keep most (if not all) of your personal property. If you have recently considered bankruptcy, call our firm at 605-610-4524 to schedule a meeting with a lawyer. There is a light at the end of the tunnel, and we can help you get there.

What Are The Benefits Of Chapter 7?

Bankruptcy has many benefits. Our clients often comment that as soon as they file their bankruptcy petitions, they feel a weight lifted off their shoulders. As soon as you file Chapter 7, an automatic stay is ordered by the bankruptcy court, which means:

  • Creditors are no longer allowed to contact you
  • Wage garnishments are halted
  • Repossessions stop

Contact Us Today To Learn More

Contact our firm online or by calling 605-610-4524 or 888-883-0761 to schedule an initial consultation.

What Documentation Do I Need For My Consultation?

We ask that you bring copies of the most recent six months of pay stubs from all employers to your consultation. Also, bring the following information: a listing of the most recent six months of income from any sources besides your job; a listing of your total monthly income; a listing of your monthly payroll deductions; and a listing of your monthly expenses.

This law firm is a debt relief agency and we help people file for bankruptcy relief under the bankruptcy code.