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Monthly Archives: August 2024

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Can I File for Bankruptcy More Than Once?

By Law Office of Adam I. Skolnik, P.A. |

When facing insurmountable debt, bankruptcy can be a necessary step. Bankruptcy can help alleviate the burden of overwhelming debt once and for all and allow for a fresh financial start. However, for some debtors, bankruptcy does not alleviate the burden of overwhelming debt once and for all. Some debtors who file for bankruptcy begin… Read More »

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Pros and Cons of Bankruptcy for Businesses

By Law Office of Adam I. Skolnik, P.A. |

It is normal for businesses to take on debt at the beginning. However, getting out of debt can be challenging. When a business faces financial difficulties that it cannot overcome through regular means, bankruptcy can offer a viable solution. Bankruptcy can offer a business an opportunity to discharge or re-arrange debts. Bankruptcy filings are… Read More »

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How Does Bankruptcy Affect Child Support Obligations?

By Law Office of Adam I. Skolnik, P.A. |

If you are a parent paying child support to your child’s other parent and are considering filing for bankruptcy, you might be wondering how bankruptcy will affect your child support obligations. Or, if you are a parent receiving child support from your child’s other parent, you might be wondering how your co-parent’s bankruptcy filing… Read More »

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