Highlands Bankruptcy Lawyer, New Jersey

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Gary Schafkopf
About | Practice Areas
Schafkopf Law LLC
11 Bala Ave Bala Cynwyd, PA 19004» view map
Bankruptcy & Debt
We Are Here To Help You

Gary Schafkopf is a practicing lawyer in the states of Pennsylvania and New Jersey who focuses on cases in Bankruptcy & Debt, Employment, and Real Estate.

800-970-4781
1. Gary Schafkopf Bala Cynwyd, PA
  Attorney at Law- PA, 1999
  Schafkopf Law LLC
2. AboutSchafkopf Law LLC
  We Are Here To Help You
3. Practice AreasExpertise
  Bankruptcy & Debt
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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Thomas J Palmer

Real Estate, Lawsuit & Dispute, Employment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

FREE CONSULTATION

CONTACT

85 First Avenue, C-1, Atlantic Highlands, NJ 07716

Leonard S. Needle

Commercial Real Estate, Litigation, Trusts, Bankruptcy

Status: Suspended Licensed: 49 Years

CONTACT

20 Cedar Avenue, Fair Haven, NJ 07704

James Edward Berube

Landlord-Tenant, Government, Estate Planning, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

160 White Rd, Little Silver, NJ 07739

Carol McEvoy

Bankruptcy

Status: In Good Standing

CONTACT

Little Silver, NJ 07739

Monika Mazurczyk

Real Estate, Trusts, Estate, Bankruptcy

Status: In Good Standing Licensed: 35 Years

CONTACT

27 Beach Road, Monmouth Beach, NJ 07750

Geoffrey M Greenberg

Adoption, Bankruptcy, Car Accident, Accident & Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

130 Maple Avenue, Red Bank, NJ 07701

Vera Fedoroff

Family Law, Divorce, Adoption, Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

., Red Bank, NJ 07701

Amanda J Muhaw

Family Law, Divorce, Adoption, Bankruptcy

Status: In Good Standing Licensed: 11 Years

CONTACT

2 Bridge Ave, Red Bank, NJ 07701

Vivianna Cosme-Bravo

Bankruptcy, Family Law, Municipal, State Appellate Practice

Status: In Good Standing

CONTACT

170 Monmouth Street, Red Bank, NJ 07701

I Mark Cohen

Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

1 Executive Drive, Red Bank, NJ 07701

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

CREDIT FILE

See credit report.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

... PNY failed to make some of the tax payments. In 1994, PNY filed for bankruptcy. In 1998, through the bankruptcy proceedings, Seasons Investment Corporation (SIC) purchased for $9.1 million the hotel and PNY's right to reacquire from Shinnihon the Remainder Property. ...

EMC Mortg. Corp. v. Chaudhri

... Unicor then sought protection under the Bankruptcy Code. Plaintiff EMC Mortgage Corporation (EMC) purchased the Chaudhris' mortgage at a bankruptcy sale. EMC received an assignment of the mortgage and proceeded on Unicor's behalf to prosecute the foreclosure action. ...

US EX REL. USDA v. Scurry

... On April 1, 2004, after the final judgment of foreclosure was entered but before title, possession and ejectment were sought, defendant sought protection from her creditors pursuant to Chapter XIII of the United States Bankruptcy Code, [1] 11 USC Â§Â§ 1301-1330, a step that ...

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Highlands Bankruptcy Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Thomas J Palmer

Leonard S. Needle

James Edward Berube

Carol McEvoy

Monika Mazurczyk

Geoffrey M Greenberg

Vera Fedoroff

Amanda J Muhaw

Vivianna Cosme-Bravo

I Mark Cohen

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

WORKOUT

AUTOMATIC STAY

SECURED DEBT

IRS EXPENSES

LIMITED PARTNERSHIP

CREDIT FILE

DISCHARGE (OF DEBTS)

GUARANTEED RESERVATION

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

EMC Mortg. Corp. v. Chaudhri

US EX REL. USDA v. Scurry

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