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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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Diana L. Anderson

Pension & Benefits, Juvenile Law, Elder Law, Collection

Status: In Good Standing

CONTACT

512 Main Street, Toms River, NJ 08753

Jennifer F. Torsiello

Collection, Litigation, Civil Rights, Federal Trial Practice

Status: In Good Standing

CONTACT

70 Euclid Street, Woodbury, NJ 08096

Sarina Gianna

Business Organization, Family Law, Collection, Animal Bite

Status: In Good Standing Licensed: 21 Years

CONTACT

74 Brick Blvd, Brick, NJ 08723

A. Gregory D'Alessandro

Business Organization, Collection, Products Liability, Medical Malpractice

Status: In Good Standing

CONTACT

2 North Finley Avenue, Basking Ridge, NJ 07920

Augusta J. Pistilli

Collection, Construction Liens, DUI-DWI, Estate Administration

Status: Deceased

CONTACT

66 Euclid St, Mantua, NJ 08096

Christian V. Mcomber

Dispute Resolution, Employment, Civil Rights, Collection

Status: In Good Standing

CONTACT

54 Shrewsbury Ave, Red Bank, NJ 07701

Arthur A. Povelones

Collection, Estate Planning, Family Law, Litigation

Status: In Good Standing Licensed: 29 Years

CONTACT

673 Morris Ave, Springfield, NJ 07081

Allen J. Barkin

Commercial Real Estate, Alimony & Spousal Support, Banking & Finance, Collection

Status: In Good Standing Licensed: 44 Years

CONTACT

1110 Springfield Road, Union, NJ 07083

John F. Jennings

Computer Law, Aviation, Federal Trial Practice, Collection

Status: In Good Standing Licensed: 42 Years

CONTACT

Summit, NJ 07902

Jennifer L. Gifford Neilio

Construction, Civil Rights, Insurance, Collection

Status: In Good Standing

CONTACT

201 Mullica Hill Road, Glassboro, NJ 08028

800-923-0641

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LEGAL TERMS

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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.

CCCS

See Consumer Credit Counseling Service.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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Trenton Collection Lawyer, New Jersey, page 4

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Diana L. Anderson

Jennifer F. Torsiello

Sarina Gianna

A. Gregory D'Alessandro

Augusta J. Pistilli

Christian V. Mcomber

Arthur A. Povelones

Allen J. Barkin

John F. Jennings

Jennifer L. Gifford Neilio

TIPS

LEGAL TERMS

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

LIQUIDATING PARTNER

UNSECURED DEBT

AUTOMATIC STAY

LIMITED LIABILITY

WINDING UP

UNDUE HARDSHIP

CCCS

S CORPORATION

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