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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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Joseph I. Windman

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Bankruptcy & Debt, Real Estate

Joseph Windman is a practicing lawyer in the state of New Jersey. Attorney Windman received his J.D. from Brooklyn Law School.

FREE CONSULTATION

CONTACT

732-780-4222

4400 Route 9 South, Freehold, NJ 07728

Richard B Tucker

Real Estate, Divorce & Family Law, Collection, Animal Bite

Status: In Good Standing

CONTACT

3 Paragon Way, Freehold, NJ 07728

Mark S Stevens

Industry Specialties, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3 Paragon Way, Freehold, NJ 07728

Michael L. Detzky

Litigation, Immigration, Criminal, Bankruptcy

Status: In Good Standing Licensed: 46 Years

CONTACT

45 Court St, Freehold, NJ 07728

Jeffrey Brown

Adoption, Property & Casualty, Bankruptcy & Debt, Residential Real Estate, Child Support

CONTACT

4400 Us Highway 9 South, Freehold, NJ 07728

Michael L. Detzky

Immigration, Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

45 Court St, Freehold, NJ 07728

Jennifer D Varga

Lawsuit & Dispute, Divorce, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

83 South St, Freehold, NJ 07728

Rachel Elena Partyka

Power of Attorney, Divorce, Divorce & Family Law, Credit & Debt

Status: In Good Standing

CONTACT

83 South St, Freehold, NJ 07728

Michael Jude Gunteski

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

501 Stillwells Corner Rd, Freehold, NJ 07728

Jeffrey Scott Paige

Lawsuit & Dispute, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

4400 Us Highway 9, Freehold, NJ 07728

800-923-0641

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800-943-8690

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

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Adelphia Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Joseph I. Windman

Richard B Tucker

Mark S Stevens

Michael L. Detzky

Jeffrey Brown

Michael L. Detzky

Jennifer D Varga

Rachel Elena Partyka

Michael Jude Gunteski

Jeffrey Scott Paige

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LEGAL TERMS

S CORPORATION

INTEREST

PREFERENCE

AUTOMATIC STAY

DEFINED CONTRIBUTION PLAN

HOUSEHOLDER

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

CURRENT MONTHLY INCOME

GENERAL PARTNER

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