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Asset Protection: What It Is and Common Strategies for Asset Protection

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

One of the most crucial things a person can have is financial security. One of the best ways to ensure financial security is through asset protection. It is vital for everyone to understand asset protection. Whether you are a business owner, investor, or just someone seeking to preserve your hard-earned wealth, it is vital… Read More »

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How Will Filing a Chapter 7 or 13 Bankruptcy Affect My Credit?

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

Filing for bankruptcy can offer relief if you are struggling with overwhelming debt. Filing for bankruptcy can allow you to start afresh. If you are struggling to keep up with debt payments and are considering filing for either Chapter 7 or 13 bankruptcy, it is understandable if you have questions. One of the most… Read More »

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Signs It Might Be Time To Start Considering Bankruptcy

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

In an ideal world, individuals and businesses would not need to file for bankruptcy. However, we do not live in a perfect world, and life can be unpredictable. According to statistics, in the year ending December 2023, there were 452,990 annual bankruptcy filings. This is an increase from the number reported for the year… Read More »

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Breach of Contract Claims

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

A contract is a lawfully binding agreement that creates obligations that can be enforced by law. Contracts are fundamental to commerce, governing a wide range of business relationships and transactions. Contracts outline rights, duties, and expectations between parties. When there is a contract, each party has the right to enforce it if another party… Read More »

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Navigating Bankruptcy: Understanding Chapter 7, Chapter 11, and Chapter 13

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

In the world of finance and law, bankruptcy can be a complex and intimidating subject. However, it’s often a necessary step for individuals and businesses facing overwhelming debt. Three common types of bankruptcy in the United States are Chapter 7, Chapter 11, and Chapter 13. Each serves different purposes and carries distinct processes and… Read More »

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Debunking Some Common Bankruptcy Myths

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

In the United States of America, individuals and businesses can pursue bankruptcy when they are unable to repay their debts. Bankruptcy aims to give debtors a fresh start while at the same time ensuring fair treatment for creditors. Depending on the type of bankruptcy filed, the debtor may liquidate their assets to repay creditors,… Read More »

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Consumer confidence rebounds in Florida in July

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

By Donna Gehrke-White Sun Sentinel 1:21 PM EDT, July 31, 2012 Floridians defied some glum spirits elsewhere in the nation with their consumer confidence rebounding in July after plummeting a month earlier, according to a monthly University of Florida survey. Consumer confidence among Floridians increased in July by three points from the revised June… Read More »

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South Florida’s residential building contracts spike through June

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

South Florida Business Journal by Oscar Pedro Musibay, Reporter Date: Tuesday, July 31, 2012, 3:00pm EDT South Florida generated $423 million in construction contracts in June. Unfortunately, a sharp drop in production in the commercial sector pushed the overall total down 2 percent from a year ago. But when the entire year is factored… Read More »

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Report: South Florida Home Prices Rise in May

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

BY PAUL OWERS July 31, 2012 09:30 AM South Florida home prices continue to gain momentum, according to a report released Tuesday. Prices in Palm Beach, Broward and Miami-Dade counties rose 1.4 percent in May from April and 3.4 percent from a year ago, figures from the Standard & Poor’s/Case-Shiller home price index show…. Read More »

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The Rothstein Trustees vs. The QTask Baron: Round 8

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

South Florida Business Journal by Paul Brinkmann, Reporter Date: Tuesday, July 31, 2012, 2:53pm EDT In the long-running dispute between software entrepreneur Reichart Von Wolfsheild and the Scott Rothstein bankruptcy trustee, there are new allegations that Von Wolfsheild isn’t living up to the conditions of a recent legal settlement. In court motions filed Monday,… Read More »

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