Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in South Dakota? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find South Dakota-specific information on filing for bankruptcy as well as articles on the various South Dakota bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
Filing for Bankruptcy in South Dakota
In this complete guide to filing bankruptcy in South Dakota, you’ll learn about the differences between Chapters 7 and 13, the debts you can discharge, and the property you can keep using South Dakota’s exemption laws. It also explains how to qualify for bankruptcy chapters 7 and 13 in South Dakota, and includes checklists to help you navigate the process and organize bankruptcy documents, and links to a DIY bankruptcy quiz, and other helpful resources.
The South Dakota Homestead Exemption
If you file for bankruptcy in South Dakota, the very generous homestead exemption allows you to protect the entire value of your home, although there are acreage limits.