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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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Diana L. Brick

Bankruptcy, Business Organization, Contract, Estate Planning

Status: In Good Standing

CONTACT

Visaserve Plaza, 487 Goffle Road, Ridgewood, NJ 07450

Alexander Hemsley

Litigation, Environmental Law Other, Employee Rights, Bankruptcy

Status: In Good Standing

CONTACT

61 South Paramus Road, Paramus, NJ 07652

Alfred C. Decotiis

Environmental Law Other, Employee Rights, White Collar Crime, Bankruptcy

Status: In Good Standing

CONTACT

61 S Paramus Rd, Paramus, NJ 07652

Alfred C De Cotiis

Environmental Law Other, Criminal, Business, Bankruptcy

Status: In Good Standing Licensed: 56 Years

CONTACT

61 S Paramus Rd, Paramus, NJ 07652

Alfred V Acquaviva

Real Estate, Divorce & Family Law, Bankruptcy & Debt, Car Accident

Status: In Good Standing Licensed: 33 Years

CONTACT

1114 Goffle Rd, Hawthorne, NJ 07506

Alice M. Penna

Litigation, Environmental Law Other, Employee Rights, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

61 S Paramus Rd, Paramus, NJ 07652

Alice M Bergen

Lawsuit & Dispute, Government, Employment, Bankruptcy

Status: In Good Standing

CONTACT

61 S Paramus Rd, Paramus, NJ 07652

Amanda Elizabeth Cook

Lawsuit & Dispute, Business, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 12 Years

CONTACT

45 Eisenhower Dr, Paramus, NJ 07652

Amy E Shotmeyer

Industry Specialties, Environmental Law, Business, Bankruptcy

Status: In Good Standing Licensed: 15 Years

CONTACT

61 S Paramus Rd, Paramus, NJ 07652

Ana Arrechea

Immigration, Bankruptcy, Family Law

Status: In Good Standing Licensed: 30 Years

CONTACT

707 Broadway, Paterson, NJ 07514

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

DISCHARGE (OF DEBTS)

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

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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.

CCCS

See Consumer Credit Counseling Service.

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.

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Glen Rock Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Diana L. Brick

Alexander Hemsley

Alfred C. Decotiis

Alfred C De Cotiis

Alfred V Acquaviva

Alice M. Penna

Alice M Bergen

Amanda Elizabeth Cook

Amy E Shotmeyer

Ana Arrechea

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

DISCHARGEABLE DEBTS

DISPOSABLE INCOME

DISCHARGE (OF DEBTS)

DOING BUSINESS AS (DBA)

SETOFF

GENERAL PARTNER

CCCS

NONEXEMPT PROPERTY

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