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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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Mark Kriegel

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Bankruptcy, Litigation, Insurance, Wills & Probate, Business Organization

Representing clients in bankruptcy, insurance, civil litigation and small business formation and operating agreements.

FREE CONSULTATION

CONTACT

800-650-5670

1479 Pennington Rd., Ewing, NJ 08618

Robert H. Johnson

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Bankruptcy & Debt, Foreclosure, Bankruptcy

Robert H. Johnson has spent his career representing clients in U.S. Bankruptcy Court and New Jersey insolvency proceedings. Prior to founding this fi... (more)

FREE CONSULTATION

CONTACT

800-774-9731

1818 Old Cuthbert Rd, Cherry Hill, NJ 08034

Joseph I. Windman

✓ VERIFIED

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

Mary Ellen Rose

Corporate, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing

CONTACT

8000 Midlantic Dr., Ste 300 S, Mount Laurel, NJ 08054

Peter S. Bejsiuk

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing

CONTACT

8000 Midlantic Dr., Ste 300 S, Mount Laurel, NJ 08054

Irwin P Rosenthal

Adoption, Business Organization, Child Support, Collection

Status: In Good Standing

CONTACT

2083 Klockner Road, Trenton, NJ 08690

Drew A. Molotsky

Landlord-Tenant, Foreclosure, Divorce & Family Law, Bankruptcy

Status: In Good Standing

CONTACT

1000 Lenola Road, Moorestown, NJ 08057

Donald N Elsas

Bankruptcy, Family Law, Land Use & Zoning, Real Estate

Status: In Good Standing

CONTACT

1000 Lenola Road, Moorestown, NJ 08057

D. Andrew Bertorelli

Business & Trade, Bankruptcy

Status: In Good Standing

CONTACT

1000 Lenola Road, Moorestown, NJ 08057

John R. Crayton

Tax, Bankruptcy

Status: In Good Standing

CONTACT

33 West Second Street, Moorestown, NJ 08057

800-923-0641

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LEGAL TERMS

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

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.

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.

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Fort Dix Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Mark Kriegel

Robert H. Johnson

Joseph I. Windman

Mary Ellen Rose

Peter S. Bejsiuk

Irwin P Rosenthal

Drew A. Molotsky

Donald N Elsas

D. Andrew Bertorelli

John R. Crayton

TIPS

LEGAL TERMS

MEETING OF CREDITORS

REAFFIRMATION

S CORPORATION

LIEN

ADMINISTRATIVE EXPENSES

SECRET WARRANTY PROGRAM

FRATERNAL BENEFIT SOCIETY BENEFITS

NO-FAULT INSURANCE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

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