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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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Kenneth J. Schweiker

Litigation, Transactions, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

6 North Broad Street, Woodbury, NJ 08096

Leonard R. Wizmur

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

525 Route 73 South, Marlton, NJ 08053

Seymour Wasserstrum

DUI-DWI, Criminal, Contract, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

205 W Landis Ave, Vineland, NJ 08360

Jill T. Bryan

Bankruptcy, Bankruptcy & Debt

Status: Retired Licensed: 40 Years

CONTACT

900 Route 168, Blackwood, NJ 08012

Rex J. Roldan

Government, Administrative Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

CONTACT

900 Route 168, Blackwood, NJ 08012

Jeannette M. Amodeo

Corporate, Bankruptcy, Bankruptcy & Debt

Status: Retired Licensed: 36 Years

CONTACT

305 Independence Blvd, Sicklerville, NJ 08081

Donald K. Ludman

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 24 Years

CONTACT

6 N Broad St, Mantua, NJ 08096

Francis Landgrebe

Bankruptcy

Status: In Good Standing

CONTACT

Sicklerville, NJ 08081

Steven J. Richardson

Foreclosure, Divorce, DUI-DWI, Corporate, Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

40 Newton Avenue, Woodbury, NJ 08096

Feeny Joseph

Litigation, Civil Rights, Business, Bankruptcy

Status: In Good Standing

CONTACT

6 North Broad Street, Woodbury, NJ 08096

800-923-0641

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LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

COLLATERAL

Property that guarantees payment of a secured debt.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

FCBA

See Fair Credit Billing Act.

FDCPA

See Fair Debt Collections & Practices Act.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

... PNY failed to make some of the tax payments. In 1994, PNY filed for bankruptcy. In 1998, through the bankruptcy proceedings, Seasons Investment Corporation (SIC) purchased for $9.1 million the hotel and PNY's right to reacquire from Shinnihon the Remainder Property. ...

EMC Mortg. Corp. v. Chaudhri

... Unicor then sought protection under the Bankruptcy Code. Plaintiff EMC Mortgage Corporation (EMC) purchased the Chaudhris' mortgage at a bankruptcy sale. EMC received an assignment of the mortgage and proceeded on Unicor's behalf to prosecute the foreclosure action. ...

US EX REL. USDA v. Scurry

... On April 1, 2004, after the final judgment of foreclosure was entered but before title, possession and ejectment were sought, defendant sought protection from her creditors pursuant to Chapter XIII of the United States Bankruptcy Code, [1] 11 USC Â§Â§ 1301-1330, a step that ...

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Malaga Bankruptcy Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Kenneth J. Schweiker

Leonard R. Wizmur

Seymour Wasserstrum

Jill T. Bryan

Rex J. Roldan

Jeannette M. Amodeo

Donald K. Ludman

Francis Landgrebe

Steven J. Richardson

Feeny Joseph

TIPS

LEGAL TERMS

LIEN

S CORPORATION

COLLATERAL

PRESUMED ABUSE

FCBA

FDCPA

DEBT COLLECTOR

SECRET WARRANTY PROGRAM

UNSECURED DEBT

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

EMC Mortg. Corp. v. Chaudhri

US EX REL. USDA v. Scurry

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