Engberg Law Office PLLC

Chapter 7 and 13 personal bankruptcy.

Engberg Law Firm handles personal bankruptcy issues in the greater Sioux Falls, SD metro area and beyond.

Mr. Engberg has worked in the bankruptcy field for 27 years. Chapter 7 or a Chapter 13 bankruptcy will help you to return to financial stability. Chapter 7 is a way for immediate removal of the debt. There are income limitations on the use of a Chapter 7. Is Chapter 7 right for you? Know the facts:

• No income required to file
• Filing remains on credit report for 7 years
• Any property not exempted in the bankruptcy will be sold or turned into money to pay creditors
• Depending on each individual situation the car, home and personal items may be retained

Chapter 13 is a payment plan over a term of years not to exceed five years. Both will remove debts and judgments. To enter into bankruptcy requires debt counseling. The process requires the filer to provide pay stubs, tax returns and listings of property and debts.

Call Engberg Law Firm today to schedule a consultation.