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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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Joseph Purrazzella

Social Security -- Disability, Bankruptcy

Status: In Good Standing

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3 Franklin Avenue, Toms River, NJ 08754

Michael S. Cohen

Construction, Mental Health, Environmental Law, Collection

Status: In Good Standing

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98 East Water Street, Toms River, NJ 08753

Sally Cann Purrazzella

Social Security -- Disability, Family Law, Collection, Banking & Finance

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3 Franklin Ave, Toms River, NJ 08754

David A. Semanchik

Criminal, Corporate, Business Organization, Bankruptcy

Status: In Good Standing Licensed: 34 Years

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248R Washington St, Toms River, NJ 08753

Diana L. Anderson

Pension & Benefits, Juvenile Law, Elder Law, Collection

Status: In Good Standing

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512 Main Street, Toms River, NJ 08753

Silvio M. Silvi

Commercial Leasing, Criminal, Collection, Animal Bite

Status: In Good Standing Licensed: 38 Years

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189 Route 37 West, Toms River, NJ 08755

Diana Lynne Anderson

Elder Law, Administrative Law, Bankruptcy, Medical Malpractice

Status: In Good Standing

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512 Main Street, Toms River, NJ 08753

Daniel Straffi

Bankruptcy

Status: In Good Standing

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Toms River, NJ 08753

Edward Dimon

Criminal, Bankruptcy, Municipal

Status: In Good Standing

CONTACT

Toms River, NJ 08753

Daniel Straffi

Bankruptcy

Status: In Good Standing

CONTACT

Toms River, NJ 08753

800-923-0641

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

INFRINGEMENT (OF TRADEMARK)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringeme... (more...)

Unauthorized use of a protected trademark or service mark, or use of something very similar to a protected mark. The success of a lawsuit to stop the infringement turns on whether the defendant's use causes a likelihood of confusion in the average consumer. If a court determines that the average consumer would be confused, the owner of the original mark can prevent the other's use of the infringing mark and sometimes collect damages.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

Pine Beach Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Joseph Purrazzella

Michael S. Cohen

Sally Cann Purrazzella

David A. Semanchik

Diana L. Anderson

Silvio M. Silvi

Diana Lynne Anderson

Daniel Straffi

Edward Dimon

Daniel Straffi

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LEGAL TERMS

CREDIT REPORT

INFRINGEMENT (OF TRADEMARK)

PREFERENCE

SOLE PROPRIETORSHIP

REPOSSESSION

MEETING OF CREDITORS

CHAPTER 7 BANKRUPTCY

DISCHARGE (OF DEBTS)

FCRA

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