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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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Kenneth Psota

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Accident & Injury, Bankruptcy & Debt, Divorce & Family Law, Employment, Lawsuit & Dispute

Kenneth Psota graduated cum laude from Widener University School of Law in Harrisburg, PA, and is licensed to practice law in both New Jersey and Penn... (more)

FREE CONSULTATION

CONTACT

800-983-3280

199 New Rd, Linwood, NJ 08221

Molly Todd Merenich

Administrative Law, Agriculture, Bankruptcy, Corporate

Status: In Good Standing

CONTACT

767 Shore Rd, Linwood, NJ 08221

Eric P. LeBoeuf

Animal Bite, Construction Contracts, Construction Liens, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2 North Union Street, Manahawkin, NJ 08050

Shaun Byrne

Bankruptcy & Debt, Criminal, State and Local, Municipal

Status: In Good Standing

CONTACT

204 N Genoa Ave, Egg Harbor City, NJ 08215

Gregory Mutchko

Workers' Compensation, Employment, Family Law, Bankruptcy

Status: In Good Standing

CONTACT

22 N Shore Rd, Absecon, NJ 08201

Bruno Bellucci III

Personal Injury, Workers' Compensation, Bankruptcy

Status: In Good Standing Licensed: 34 Years

CONTACT

3120 Fire Road, Egg Harbor Township, NJ 08234

Phillip F. Drinkwater III

Traffic, Transportation & Shipping, Corporate, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

3325 Atlantic Ave, Atlantic City, NJ 08401

Ali Homayouni

Real Estate, Landlord-Tenant, Collection

Status: In Good Standing

CONTACT

334 Oakcrest Ave., Northfield, NJ 08225

Andrew Miller

Real Estate, Trusts, Estate, Bankruptcy & Debt, Accident & Injury

Status: Retired Licensed: 43 Years

CONTACT

1550 New Rd, Northfield, NJ 08225

Randal Cowles

Corporate, Bankruptcy

Status: In Good Standing

CONTACT

1624 Pacific Ave., Atlantic City, NJ 08401

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.

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).

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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.

FDCPA

See Fair Debt Collections & Practices Act.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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Port Republic Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Kenneth Psota

Molly Todd Merenich

Eric P. LeBoeuf

Shaun Byrne

Gregory Mutchko

Bruno Bellucci III

Phillip F. Drinkwater III

Ali Homayouni

Andrew Miller

Randal Cowles

TIPS

LEGAL TERMS

WORKOUT

CREDIT REPORT

LIABILITY

DOING BUSINESS AS (DBA)

NONDISCHARGEABLE DEBTS

BANKRUPTCY TRUSTEE

LIMITED LIABILITY

FDCPA

NONEXEMPT PROPERTY

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