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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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Virginia E. Fortunato

Reorganization, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

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One Kinderkamack Road, Hackensack, NJ 07601

Alecia C. Daniel

Litigation, Corporate, Contract, Collection

Status: In Good Standing

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25 E. Salem Street, Hackensack, NJ 07601

Myron D. Milch

Contract, Credit & Debt, Collection, Bankruptcy & Debt

Status: In Good Standing

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433 Hackensack Avenue, Hackensack, NJ 07601

Henry G. Klein

Criminal, Bankruptcy Litigation, Bankruptcy, Animal Bite

Status: In Good Standing

FREE CONSULTATION

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15 Engle Street, Englewood, NJ 07631

Glenn Richard Reiser

Commercial Real Estate, Estate Planning, Civil Rights, Business, Bankruptcy

Status: In Good Standing

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55 Hudson St, Hackensack, NJ 07601

Peter John Koulikourdis

Estate, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 34 Years

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45 Hudson Street, Hackensack, NJ 07601

Carmine Lo Faro

DUI-DWI, Bankruptcy

Status: In Good Standing Licensed: 35 Years

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20 Court St, Hackensack, NJ 07601

Michael Kalmus

Lawsuit & Dispute, Criminal, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

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20 Court St, Hackensack, NJ 07601

John Walter Sywilok

Real Estate, Industry Specialties, Civil & Human Rights, Bankruptcy & Debt

Status: In Good Standing Licensed: 50 Years

CONTACT

52 Main St, Hackensack, NJ 07601

Michael S. Kopelman

Government, Bankruptcy & Debt

Status: In Good Standing Licensed: 52 Years

CONTACT

90 Main St, Hackensack, NJ 07601

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

CCCS

See Consumer Credit Counseling Service.

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.

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.

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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Bogota Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Virginia E. Fortunato

Alecia C. Daniel

Myron D. Milch

Henry G. Klein

Glenn Richard Reiser

Peter John Koulikourdis

Carmine Lo Faro

Michael Kalmus

John Walter Sywilok

Michael S. Kopelman

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LEGAL TERMS

TOXIC TORT

REPOSSESSION

PRIORITY DEBT

GUARANTEED RESERVATION

COSIGNER

CCCS

CHAPTER 13 BANKRUPTCY

BANKRUPTCY

S CORPORATION

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