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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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Kortney Swanson-Davis

Business & Trade, Collection, Bankruptcy

Status: In Good Standing

CONTACT

3490 US Route 1, Princeton, NJ 08540

Angelica Guzman

Government, Business & Trade, Collection, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

3490 Route 1, Princeton, NJ 08540

Yehuda Klein

Business & Trade, Collection, Bankruptcy

Status: In Good Standing Licensed: 7 Years

CONTACT

3490 Route 1, Princeton, NJ 08540

Samuel M Redlich

Business & Trade, Collection, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

3490 Route 1, Princeton, NJ 08540

Evan D Weiner

Business & Trade, Collection, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

3490 Route 1, Princeton, NJ 08540

Anthony Muscente

Estate, Real Estate, Collection, Wills & Probate

Status: In Good Standing

CONTACT

5 S Main St, Allentown, NJ 08501

Ayesha Hamilton

Affirmative Action, Americans with Disabilities Act , Civil Rights, Collection

Status: In Good Standing Licensed: 25 Years

CONTACT

13 Roszel Rd, Princeton, NJ 08540

James K. Haney

Employee Rights, Civil Rights, Contract, Collection

Status: In Good Standing

CONTACT

821 Alexander Rd, Princeton, NJ 08543

David S. Neufeld

Tax, Estate, Criminal, Collection

Status: In Good Standing

CONTACT

791 Alexander Road, Princeton, NJ 08540

Ekaterina Schoenefeld

Litigation, Lawsuit & Dispute, Consumer Protection, Collection

Status: In Good Standing Licensed: 17 Years

CONTACT

32 Chambers St, Princeton, NJ 08542

800-923-0641

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LEGAL TERMS

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.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

DISCHARGE (OF DEBTS)

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

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Trenton Collection Lawyer, New Jersey, page 3

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Kortney Swanson-Davis

Angelica Guzman

Yehuda Klein

Samuel M Redlich

Evan D Weiner

Anthony Muscente

Ayesha Hamilton

James K. Haney

David S. Neufeld

Ekaterina Schoenefeld

TIPS

LEGAL TERMS

FORBEARANCE

SOLE PROPRIETORSHIP

LIMITED PARTNERSHIP

ABUSE

GARNISHMENT

REAFFIRMATION

TRUTH IN LENDING ACT (TILA)

REDEMPTION

DISCHARGE (OF DEBTS)

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