Jersey City Reorganization 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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2. Email
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Mark A Baumgarten

Corporate, Personal Injury, Reorganization

Status: In Good Standing

CONTACT

155 Prospect Ave, West Orange, NJ 07052

Virginia E. Fortunato

Reorganization, Collection, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

One Kinderkamack Road, Hackensack, NJ 07601

Cassye Maureen Cole

Litigation, Trusts, White Collar Crime, Reorganization

Status: In Good Standing Licensed: 10 Years

CONTACT

970 Broad St, Newark, NJ 07102

Farah Ansari

International Tax, Business & Trade, Corporate, Reorganization

Status: In Good Standing

CONTACT

220 Park Avenue, Florham Park, NJ 07932

Ira M. Levee

Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 43 Years

CONTACT

One Lowenstein Drive, Roseland, NJ 07068

Michael J. Vincente

Insurance, Reorganization, Personal Injury, Civil Rights

Status: In Good Standing

CONTACT

673 Morris Avenue, Springfield, NJ 07081

Michele K. Jaspan

Litigation, Lawsuit & Dispute, Reorganization, Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

18 Columbia Turnpike, Florham Park, NJ 07932

Robert Lee Miller

Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 53 Years

CONTACT

94 Anderson Ave, Demarest, NJ 07627

Steven Daniel Pertuz

Bankruptcy & Debt, Real Estate, Credit & Debt, Foreclosure, Reorganization

Status: In Good Standing Licensed: 23 Years

FREE CONSULTATION

CONTACT

111 Northfield Ave, West Orange, NJ 07052

Steven Bernard Fuerst

Corporate, Banking & Finance, Reorganization

Status: In Good Standing Licensed: 54 Years

CONTACT

One Lowenstein Drive, Roseland, NJ 07068

800-923-0641

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800-943-8690

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LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

CREDIT FILE

See credit report.

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.

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.

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.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

Jersey City Reorganization Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Mark A Baumgarten

Virginia E. Fortunato

Cassye Maureen Cole

Farah Ansari

Ira M. Levee

Michael J. Vincente

Michele K. Jaspan

Robert Lee Miller

Steven Daniel Pertuz

Steven Bernard Fuerst

TIPS

LEGAL TERMS

FAIR LABOR STANDARDS ACT (FLSA)

SETOFF

CREDIT FILE

UNDUE HARDSHIP

CREDIT COUNSELING

AUTOMATIC STAY

S CORPORATION

LIMITED PARTNERSHIP

FCBA

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