Legal Blog of Thomas A Blake

Filing for bankruptcy can be difficult for many South Dakotans. There are plenty of challenges that come with it – even more than the obvious ones. For instance, an individual who files for bankruptcy in South Dakota will likely have some damage to their credit and...

Filing for bankruptcy can be a daunting proposition. There are several things to remember and account for, which can be overwhelming for many. This is one of the main reasons why it’s recommended anyone filing for bankruptcy in South Dakota contact an attorney who...

When you file for bankruptcy in South Dakota, the court begins an analysis of your income, expenses, debts and assets to determine how best to rectify your financial challenges. This analysis will include any vehicles you are financing or own outright. For example,...

Since filing for bankruptcy is a federal court process, filing for bankruptcy in South Dakota is similar to doing so in any other state. The proceeding will take place in the U.S. Bankruptcy Court for the District of South Dakota and follow federal bankruptcy laws....

Filing for bankruptcy does not mean you must forfeit your property to your creditors! Thanks to bankruptcy exemptions, a bankruptcy filer may protect their personal property up to a certain limit. Bankruptcy exemptions do not automatically go into effect. If you are...