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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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Andrea Silverman

Banking & Finance, Bankruptcy, Corporate, Consumer Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

222 Ridgedale Avenue, Morristown, NJ 07962

Lee Scott Befeler

Arbitration, Bad Faith Insurance, Corporate, Collection

Status: In Good Standing Licensed: 37 Years

CONTACT

60 Maple Avenue, Morristown, NJ 07963

Charles E. Falk

Litigation, Estate Planning, Banking & Finance, Commercial Bankruptcy

Status: In Good Standing

CONTACT

100 Southgate Parkway, Morristown, NJ 07962

Cindy J Alvarado

Banking & Finance, Bankruptcy & Debt, Life & Health

Status: In Good Standing

CONTACT

100 Southgate Parkway, Morristown, NJ 07962

Alvin Weiss

Litigation, Employee Rights, Corporate, Commercial Bankruptcy

Status: In Good Standing

CONTACT

100 Southgate Pkwy, Morristown, NJ 07962

Kevin J. Mccaffrey

Securities, Corporate, Commercial Bankruptcy

Status: In Good Standing

CONTACT

100 Southgate Parkway, Morristown, NJ 07962

James O'Hara

Bankruptcy

Status: In Good Standing

CONTACT

n/a, Morristown, NJ 07960

Bruce Baldinger

Bankruptcy, Business

Status: In Good Standing

CONTACT

25 Prospect Street, Morristown, NJ 07960

J. Alex Kress

Business, Bankruptcy, Federal

Status: In Good Standing

CONTACT

25 Prospect Street, Morristown, NJ 07960

Ifeoma Onuora

Insurance, Litigation, Commercial Bankruptcy

Status: In Good Standing

CONTACT

25 Prospect Street, Morristown, NJ 07960

800-923-0641

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LEGAL TERMS

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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.

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.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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Brookside Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Andrea Silverman

Lee Scott Befeler

Charles E. Falk

Cindy J Alvarado

Alvin Weiss

Kevin J. Mccaffrey

James O'Hara

Bruce Baldinger

J. Alex Kress

Ifeoma Onuora

TIPS

LEGAL TERMS

NO-FAULT INSURANCE

CREDIT INSURANCE

PREFERENCE

LIMITED LIABILITY

INFRINGEMENT (OF TRADEMARK)

GUARANTEED RESERVATION

IRS EXPENSES

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

CREDIT COUNSELING

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