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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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Mark Anthony Chavez

Credit & Debt, Environmental Law Other, Employee Rights, International Other

Status: In Good Standing Licensed: 22 Years

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1 Sylvan Way, Sparta, NJ 07871

Philip A. Kahn

Business, Credit & Debt, Real Estate

Status: In Good Standing Licensed: 52 Years

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Douglas Charipper

Personal Injury, Collection, Workers' Compensation, Credit & Debt

Status: In Good Standing Licensed: 36 Years

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Katrina Mendoza

Real Estate, Credit & Debt

Status: In Good Standing

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Philip I. Levitan

Real Estate, Estate, Civil & Human Rights, Credit & Debt

Status: In Good Standing Licensed: 65 Years

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Julie Katz

Education, Patent, Divorce, Credit & Debt

Status: In Good Standing Licensed: 14 Years

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23 Cattano Ave, Morristown, NJ 07960

Erin Beth Schneiderman

Family Law, Child Support, Child Custody, Credit & Debt

Status: In Good Standing

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119 Cherry Hill Rd, Parsippany, NJ 07054

Raquel Vallejo

Mediation, Family Law, Child Custody, Credit & Debt

Status: In Good Standing Licensed: 20 Years

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119 Cherry Hill Rd, Parsippany, NJ 07054

Komal Ullah

Lawsuit & Dispute, Estate, Divorce, Credit & Debt

Status: In Good Standing

CONTACT

119 Cherry Hill Road, Parsippany, NJ 07054

Scott Ohnegian

Labor Law, Employment, Bankruptcy, Credit & Debt, Divorce & Family Law

Status: In Good Standing

CONTACT

25 Prospect Street, Morristown, NJ 07960

800-923-0641

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LEGAL TERMS

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

FCRA

See Fair Credit Reporting Act.

CCCS

See Consumer Credit Counseling Service.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

SAMPLE LEGAL CASES

FORD MOTOR CREDIT COMPANY, LLC v. Calandra

... for reconsideration that Calandra deposed "three Ford credit witnesses." The appellate record only contains Anderson's and Nicosia's depositions. [2] As explained in Ford's statement of material facts in support of summary judgment, not disputed by Calandra, the debt owed by ...

FEDERATED FINANCIAL CORPORATION OF AMERICA v. ECO MEDICAL

... taken up by . . . a futile proceeding"). Even if, for the sake of argument, defendant's failure to file a timely answer was the result of excusable neglect, he presents no meritorious defenses to his personal liability for the credit card debt in this case. ...

FIA CARD SERVICES v. KESSIE

... PER CURIAM. Defendant Prince Kessie appeals from an order of the Law Division granting summary judgment against him for an alleged credit card debt in the amount of $19,214.04 plus costs. We reverse and remand for reinstatement of the pleadings. ...

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Landing Credit & Debt Lawyer, New Jersey, page 2

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Mark Anthony Chavez

Philip A. Kahn

Douglas Charipper

Katrina Mendoza

Philip I. Levitan

Julie Katz

Erin Beth Schneiderman

Raquel Vallejo

Komal Ullah

Scott Ohnegian

TIPS

LEGAL TERMS

WORKOUT

GENERAL PARTNER

BANKRUPTCY

GUARANTOR

FCRA

CCCS

FRAUDULENT TRANSFER

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

COLLECTION AGENCY

SAMPLE LEGAL CASES

FORD MOTOR CREDIT COMPANY, LLC v. Calandra

FEDERATED FINANCIAL CORPORATION OF AMERICA v. ECO MEDICAL

FIA CARD SERVICES v. KESSIE

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