Jersey City Bankruptcy & Debt 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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Gerard Robert DeSapio

Family Law, Collection, Immigration, Child Support

Status: In Good Standing

CONTACT

26 Journal Square, Jersey City, NJ 07306

Brett F George

Bankruptcy

Status: In Good Standing

CONTACT

416 36th Street, Union City, NJ 07087

Forrest Scott Turkish

Accident & Injury, Employment, Lawsuit & Dispute, Collection, Business

Status: In Good Standing Licensed: 38 Years

CONTACT

595 Broadway, Bayonne, NJ 07002

Daniel Pacilio

Business, Bankruptcy

Status: In Good Standing

CONTACT

762 Broadway, Bayonne, NJ 07002

Mary Ann Olsen

Bankruptcy, Elder Law, Family Law

Status: In Good Standing

CONTACT

762 Broadway, Bayonne, NJ 07002

Stephen S Rose

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 59 Years

CONTACT

613 Broadway, Bayonne, NJ 07002

Deborah B Austin

Custody & Visitation, Disability, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

1047 Avenue, Bayonne, NJ 07002

Illya Lichtenberg

Visa, Misdemeanor, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

Belleville, NJ 07109

Michael S. Wernick

Real Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 36 Years

CONTACT

507 Frank E Rodgers Blvd N, Harrison, NJ 07029

George Bartholomew Costello

Other, Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

221 River St, Hoboken, NJ 07030

800-923-0641

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LEGAL TERMS

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

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Jersey City Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Gerard Robert DeSapio

Brett F George

Forrest Scott Turkish

Daniel Pacilio

Mary Ann Olsen

Stephen S Rose

Deborah B Austin

Illya Lichtenberg

Michael S. Wernick

George Bartholomew Costello

TIPS

LEGAL TERMS

CREDIT BUREAU

SETOFF

REPOSSESSION

WINDING UP

TOXIC TORT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

BANKRUPTCY TRUSTEE

CREDIT COUNSELING

LIABILITY

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