Find Financial Freedom With Support From A Coral Springs Bankruptcy Attorney

Last updated on February 20, 2025

Coral Springs has a reputation as one of Florida’s most desirable places to live. Its balance of nature and commerce brings individuals, families and businesses from around the state. However, Coral Springs is also known for its high cost of living, which can often lead residents to struggle with debt.

If you live in Coral Spring and struggle with overwhelming debt, you can turn to Law Office of Adam I. Skolnik, P.A. At He understands how financial hardships can affect your life and is here to help you find relief. As a trusted Coral Springs bankruptcy attorney, Adam provides personalized legal guidance to help you navigate bankruptcy options, protect your assets and secure a fresh financial start.

Understanding Bankruptcy In Coral Springs

Through bankruptcy, individuals and businesses have the opportunity to discharge or reorganize their debts. This is an appealing option that can give you a fresh start financially. Once you file bankruptcy, creditors can no longer harass you, your wages can no longer be garnished, and you may have relief from some lawsuits. Adam Skolnik has devoted his practice to bankruptcy. He offers his Coral Springs clients solutions such as:

• Discharging unsecured debts: Chapter 7 bankruptcy is the most common form of consumer bankruptcy. Often called liquidation bankruptcy, it is when individual debtors can sell some of their nonexempt assets to repay their creditors. With the help of a Coral Springs Chapter 7 bankruptcy attorney, you can keep certain assets, including your house and car.
• Reorganization for businesses: Chapter 11 bankruptcy, or reorganization bankruptcy, is when a business entity can reorganize its debts while it continues operating. With the help of a Chapter 11 bankruptcy lawyer, the business and its creditors comes up with a plan for debt repayment. Chapter 11 is for both small Coral Springs businesses and large corporations.
• Debt repayment plans: Chapter 13 bankruptcy is designed for career-oriented individuals in Coral Springs who have a steady income and who want to create an affordable repayment plan. Over a period of three to five years, you can catch up on missed mortgage payments, car loans and other debts while maintaining ownership of your assets.
• Asset protection: One of the biggest concerns for individuals in Coral Springs considering bankruptcy is losing their assets. Adam prioritizes asset protection strategies to help safeguard what matters most to you. He knows how to use Florida’s bankruptcy exemptions and legal protections to shield your home, vehicle and other valuables.

As a skilled bankruptcy attorney in Coral Springs, Adam will work closely with you to develop a plan tailored to your financial circumstances, fighting always for the most favorable outcome.

Exploring Bankruptcy Options After Losing Employment

Losing employment or facing an employer’s bankruptcy in Coral Springs can have significant financial repercussions. When you lose your job, your income stream is disrupted, making it challenging to manage existing debts and everyday expenses. If your employer goes bankrupt, it may affect your severance pay or benefits, exacerbating your financial strain. In such situations, individuals may find it difficult to meet mortgage payments, credit card bills or personal loans. This financial pressure could necessitate considering bankruptcy as a way to restructure or discharge debts. It’s important to evaluate your financial situation carefully and seek advice from a financial advisor or legal professional to understand all available options and the potential implications for your credit and finances.

What Sets Adam I. Skolnik Apart?

Adam has extensive experience representing the individuals and businesses of Coral Springs and Broward County. He always provides compassionate yet effective bankruptcy representation tailored to your unique circumstances. He takes a personalized approach to every case, ensuring you fully understand your options. Then, he works with you to find a clear path to financial freedom.

Take The First Step – Contact A Coral Springs Bankruptcy Lawyer

Don’t let overwhelming debt control your life. If you are considering bankruptcy, turn to a reliable Coral Springs bankruptcy attorney. Contact Law Office of Adam I. Skolnik, P.A., today at 561-934-9582 or send Adam an email to schedule a consultation.