Palmyra 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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Elissa Westbrook Smith

Civil Rights, Divorce, Employment, Bankruptcy

Status: In Good Standing

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46 West Main Street, Maple Shade, NJ 08052

Richard P Minteer

Bankruptcy, Consumer Protection

Status: In Good Standing

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131 Bridgeboro Street, Riverside, NJ 08075

Ellen M. McDowell

Real Estate, Lawsuit & Dispute, Consumer Rights, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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46 W. Main St., Maple Shade, NJ 08052

Joseph F. Riga

Corporate, Consumer Bankruptcy, Litigation, Products Liability

Status: In Good Standing Licensed: 35 Years

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46 W Main St, Maple Shade, NJ 08052

Joel Richard Spivack

Commercial Real Estate, Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

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1820 Chapel Ave W, Cherry Hill, NJ 08002

Brian W. Donnelly

Collection, Estate Planning, Business, Wills & Probate

Status: In Good Standing

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457 Haddonfield Road, Cherry Hill, NJ 08002

Dominic Simeone

Construction, Collection, Wills & Probate, Estate Planning

Status: In Good Standing

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1522 Route 38, Cherry Hill, NJ 08002

Thomas G. Egner

Real Estate, Social Security, Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

46 West Main Street, Maple Shade, NJ 08052

Ellen McDowell

Tax, Health Care, Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

46 West Main Street, Maple Shade, NJ 08052

Sarah Powers

Banking & Finance, Business, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

308 Harper Dr, Moorestown, NJ 08057

800-923-0641

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LEGAL TERMS

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

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Palmyra Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Elissa Westbrook Smith

Richard P Minteer

Ellen M. McDowell

Joseph F. Riga

Joel Richard Spivack

Brian W. Donnelly

Dominic Simeone

Thomas G. Egner

Ellen McDowell

Sarah Powers

TIPS

LEGAL TERMS

NO-FAULT INSURANCE

UNSECURED DEBT

DISPOSABLE INCOME

GENERAL PARTNER

LIMITED LIABILITY

LIABILITY

FAIR CREDIT REPORTING ACT (FCRA)

FORBEARANCE

AUTOMATIC STAY

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