Wanaque Bankruptcy Lawyer, New Jersey

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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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Robert J. Stack

Divorce, Child Support, DUI-DWI, Bankruptcy

Status: In Good Standing

CONTACT

11 Kiel Avenue, Kinnelon, NJ 07405

John J. Scura

Mass Torts, Complex Litigation, Consumer Protection, Corporate, Bankruptcy Litigation

Status: In Good Standing

CONTACT

1599 Hamburg Turnpike, Wayne, NJ 07470

Joseph J. Reilly

Bankruptcy, Corporate, Employment, Insurance

Status: In Good Standing

CONTACT

1599 Hamburg Turnpike, Wayne, NJ 07470

Diana L. Brick

Bankruptcy, Business Organization, Contract, Estate Planning

Status: In Good Standing

CONTACT

Visaserve Plaza, 487 Goffle Road, Ridgewood, NJ 07450

Angela J. Mendelsohn

Commercial Real Estate, Foreclosure, Federal Appellate Practice, Bankruptcy

Status: In Good Standing Licensed: 38 Years

CONTACT

1680 Route 23, Wayne, NJ 07470

Robert Altshuler

Real Estate, Wills & Probate, Trusts, Contract, Bankruptcy

Status: In Good Standing

CONTACT

1330 Hamburg Turnpike, Wayne, NJ 07470

Edward P. Azar

Real Estate, Traffic, Family Law, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

2840 Route 23 South, Newfoundland, NJ 07435

Franklin G. Soto

DUI-DWI, Criminal, Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 35 Years

CONTACT

434 21st Avenue, Paterson, NJ 07513

Lloyd Sarakin

Bankruptcy

Status: In Good Standing

CONTACT

Wyckoff, NJ 07481

Katherine Creenan

Bankruptcy

Status: In Good Standing

CONTACT

Wayne, NJ 07470

800-923-0641

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LEGAL TERMS

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

FDCPA

See Fair Debt Collections & Practices Act.

DISCHARGE (OF DEBTS)

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

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.

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

... PNY failed to make some of the tax payments. In 1994, PNY filed for bankruptcy. In 1998, through the bankruptcy proceedings, Seasons Investment Corporation (SIC) purchased for $9.1 million the hotel and PNY's right to reacquire from Shinnihon the Remainder Property. ...

EMC Mortg. Corp. v. Chaudhri

... Unicor then sought protection under the Bankruptcy Code. Plaintiff EMC Mortgage Corporation (EMC) purchased the Chaudhris' mortgage at a bankruptcy sale. EMC received an assignment of the mortgage and proceeded on Unicor's behalf to prosecute the foreclosure action. ...

US EX REL. USDA v. Scurry

... On April 1, 2004, after the final judgment of foreclosure was entered but before title, possession and ejectment were sought, defendant sought protection from her creditors pursuant to Chapter XIII of the United States Bankruptcy Code, [1] 11 USC Â§Â§ 1301-1330, a step that ...

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Wanaque Bankruptcy Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Robert J. Stack

John J. Scura

Joseph J. Reilly

Diana L. Brick

Angela J. Mendelsohn

Robert Altshuler

Edward P. Azar

Franklin G. Soto

Lloyd Sarakin

Katherine Creenan

TIPS

LEGAL TERMS

MEANS TEST

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

ABUSE

REPOSSESSION

FORBEARANCE

FRATERNAL BENEFIT SOCIETY BENEFITS

FDCPA

DISCHARGE (OF DEBTS)

MEETING OF CREDITORS

SAMPLE LEGAL CASES

Spring Creek Holding Company, Inc. v. Shinnihon USA Co., Ltd.

EMC Mortg. Corp. v. Chaudhri

US EX REL. USDA v. Scurry

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