Teaneck Bankruptcy & Debt Lawyer, New Jersey, page 5

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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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Lawrence P Stern

Estate, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

560 Sylvan Ave, Englewood Cliffs, NJ 07632

David Paul Force

Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 10 Years

CONTACT

120 Sylvan Ave, Englewood Cliffs, NJ 07632

Elise Manning Stubbe

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

930 Sylvan Ave, Englewood Cliffs, NJ 07632

Philip C. Apovian

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

Status: In Good Standing

CONTACT

640 E Palisade Ave, Englewood Cliffs, NJ 07632

John H Anlian

Construction, Adoption, Corporate, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

187 Anderson Avenue, Fairview, NJ 07022

Stephen G Pape

Government, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

187 Anderson Avenue, Fairview, NJ 07022

Maulik Sharma

Credit & Debt, Commercial Real Estate, Criminal, Real Estate

Status: In Good Standing Licensed: 15 Years

CONTACT

3 Horizon Rd, Fort Lee, NJ 07024

Christine Mun Kyung Bae

Litigation, Securities, Corporate, Bankruptcy

Status: In Good Standing Licensed: 30 Years

CONTACT

2160 N Central Rd, Fort Lee, NJ 07024

Solomon Rubin

Lawsuit & Dispute, Criminal, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 21 Years

CONTACT

2077 Center Ave, Fort Lee, NJ 07024

Christian P. Stueben

Industry Specialties, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 52 Years

CONTACT

1386 Palisade Ave, Fort Lee, NJ 07024

800-923-0641

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LEGAL TERMS

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

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.

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.

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.

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Teaneck Bankruptcy & Debt Lawyer, New Jersey, page 5

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Lawrence P Stern

David Paul Force

Elise Manning Stubbe

Philip C. Apovian

John H Anlian

Stephen G Pape

Maulik Sharma

Christine Mun Kyung Bae

Solomon Rubin

Christian P. Stueben

TIPS

LEGAL TERMS

NONEXEMPT PROPERTY

WORKOUT

SECURED DEBT

FRAUDULENT TRANSFER

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

UNDUE HARDSHIP

LIABILITY

WINDING UP

CYBERSQUATTING

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