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

✓ VERIFIED

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

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225 Broad Street, Red Bank, NJ 07701

Henry F Wolff

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

Status: In Good Standing Licensed: 51 Years

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79 First Ave, Atlantic Highlands, NJ 07716

Thomas J Palmer

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

Status: In Good Standing Licensed: 24 Years

FREE CONSULTATION

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

William H Gehlhaus

Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 47 Years

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569 Highway 36, Belford, NJ 07718

Gil D Messina

International Other, Business & Trade, Contract, Consumer Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

20 Ridge Rd, Colts Neck, NJ 07722

Douglas E. Freiberger

Landlord-Tenant, Real Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 49 Years

CONTACT

788 Shrewsbury Ave, Eatontown, NJ 07724

Jennifer C. Van Syckle

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2 Hance Ave, Eatontown, NJ 07724

Lauren Elizabeth Shumejda

Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

1 Commvault Way, Eatontown, NJ 07724

Kellie Therese Hannum

Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

Two Industrial Way, Eatontown, NJ 07724

800-923-0641

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LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

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.

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.

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.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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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

Henry F Wolff

Thomas J Palmer

William H Gehlhaus

Gil D Messina

Douglas E. Freiberger

Jennifer C. Van Syckle

Lauren Elizabeth Shumejda

Kellie Therese Hannum

TIPS

LEGAL TERMS

INFRINGEMENT (OF TRADEMARK)

WORKOUT

SECURED DEBT

CURRENT MONTHLY INCOME

PRIORITY DEBT

BULK SALES LAW

CHAPTER 13 BANKRUPTCY

HOUSEHOLDER

REAFFIRMATION

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