Port Monmouth 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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Patricia Colligan

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Estate, Trusts, Bankruptcy & Debt

Private Practice with Main Concentration in Bankruptcy

Serving Monmouth and Ocean Counties, the Law Office of Patricia Colligan, LLC is a law firm focusing on Bankruptcy Law.

FREE CONSULTATION

CONTACT

732-542-6600

615 Hope Road, Eatontown, NJ 07724

Joseph J. La Costa

Corporate, Credit & Debt, Tax

Status: In Good Standing

CONTACT

225 Broad Street, Red Bank, NJ 07701

Benjamin Joseph Cavallaro

Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

74 Kentucky Ave, Middletown, NJ 07748

William H Gehlhaus

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

CONTACT

569 Highway 36, Belford, NJ 07718

Robert A Olkowitz

Employment, Divorce, Criminal, Collection

Status: In Good Standing

CONTACT

1715 Hwy 35, Middletown, NJ 07748

Jill Rittenhouse Housen

Commercial Bankruptcy, Commercial Real Estate, Education, Criminal

Status: Inactive Licensed: 44 Years

CONTACT

2105 Middletown Lincroft Rd, Middletown, NJ 07748

Frank J Palma

Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

76 Tall Timber Rd, Middletown, NJ 07748

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

Henry F Wolff

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

Status: In Good Standing Licensed: 51 Years

CONTACT

79 First Ave, Atlantic Highlands, NJ 07716

Andrew Hannwacker

Traffic, Divorce & Family Law, Criminal, Bankruptcy

Status: In Good Standing

CONTACT

A.C. Hannwacker, Esq., Hazlet, NJ 07730

800-923-0641

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Port Monmouth Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Patricia Colligan

Joseph J. La Costa

Benjamin Joseph Cavallaro

William H Gehlhaus

Robert A Olkowitz

Jill Rittenhouse Housen

Frank J Palma

Thomas J Palmer

Henry F Wolff

Andrew Hannwacker

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LEGAL TERMS

FRATERNAL BENEFIT SOCIETY BENEFITS

PRIORITY DEBT

UNDUE HARDSHIP

UNSECURED DEBT

CURRENT MONTHLY INCOME

ABUSE

401(K) PLAN

CREDIT INSURANCE

BANKRUPTCY

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