Lyons 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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A. Gregory D'Alessandro

Business Organization, Collection, Products Liability, Medical Malpractice

Status: In Good Standing

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2 North Finley Avenue, Basking Ridge, NJ 07920

Kathleen Cavanaugh

Banking & Finance, Litigation, Bankruptcy

Status: In Good Standing

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150 Morristown Road, Bernardsville, NJ 07924

Cindy J Alvarado

Banking & Finance, Bankruptcy & Debt, Life & Health

Status: In Good Standing

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100 Southgate Parkway, Morristown, NJ 07962

Charles E. Falk

Litigation, Estate Planning, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing

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100 Southgate Parkway, Morristown, NJ 07962

Pamela Anevski

Family Law, Contract, Bankruptcy, Personal Injury

Status: In Good Standing

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289 Main Ave, Stirling, NJ 07980

Robert Frank Simon

Commercial Real Estate, Litigation, Transactions, Commercial Bankruptcy

Status: In Good Standing Licensed: 33 Years

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25 Independence Blvd, Warren, NJ 07059

Alvin Weiss

Litigation, Employee Rights, Corporate, Commercial Bankruptcy

Status: In Good Standing

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100 Southgate Pkwy, Morristown, NJ 07962

Kevin J. Mccaffrey

Securities, Corporate, Commercial Bankruptcy

Status: In Good Standing

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100 Southgate Parkway, Morristown, NJ 07962

Gregory Pasquale

State & Local Agencies, Government, Bankruptcy, Civil Rights

Status: In Good Standing

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Bernardsville, NJ 07924

David Taus

Employment, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

266 King George Road, Warren, NJ 07059

800-923-0641

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LEGAL TERMS

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

COLLATERAL

Property that guarantees payment of a secured debt.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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Lyons Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

A. Gregory D'Alessandro

Kathleen Cavanaugh

Cindy J Alvarado

Charles E. Falk

Pamela Anevski

Robert Frank Simon

Alvin Weiss

Kevin J. Mccaffrey

Gregory Pasquale

David Taus

TIPS

LEGAL TERMS

CYBERSQUATTING

REDEMPTION

WINDING UP

C CORPORATION

COLLATERAL

ABUSE

DISPOSABLE INCOME

LIMITED PARTNERSHIP

PREFERENCE

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