Fanwood Bankruptcy & Debt 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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Geraldene Sherr Duswalt

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Divorce & Family Law, Bankruptcy & Debt

Full service law firm dedicated to helping people solve their problems and move on with their lives.

I have been helping people in New Jersey and New York resolve their legal problems for twenty nine years. During this time, I have learned that infor... (more)

FREE CONSULTATION

CONTACT

800-903-7740

1812 Front Street, Scotch Plains, NJ 07076

Thomas J Crownover

Wills & Probate, Family Law, Franchising, Bankruptcy & Debt

Status:

CONTACT

1112 Watchung Avenue, Plainfield, NJ 07060

Carolyn Beth Rendell

Litigation, Intellectual Property, Corporate, Consumer Bankruptcy

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CONTACT

100 Connell Dr, Berkeley Heights, NJ 07922

Arthur A. Povelones

Collection, Estate Planning, Family Law, Litigation

Status: Licensed: 30 Years

CONTACT

673 Morris Ave, Springfield, NJ 07081

James D. Derose

Products Liability, Business, Consumer Bankruptcy

Status:

CONTACT

53 Cardinal Dr, Westfield, NJ 07091

Charles D. Whelan

Wills & Probate, Insurance, Collection, Personal Injury

Status:

CONTACT

475 Watchung Avenue, Watchung, NJ 07069

Benjamin J. Ginter

Criminal, Bankruptcy, Bed Bug, Animal Bite

Status: Licensed: 23 Years

CONTACT

34 Forest Ave, Cranford, NJ 07016

Stephen P. Dempsey

Criminal, Business, Bankruptcy & Debt, Accident & Injury

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FREE CONSULTATION

CONTACT

99 Summit Avenue, Summit, NJ 07901

Kevin Patrick Clancy

Commercial Bankruptcy

Status: Licensed: 30 Years

CONTACT

35 Fairhill Rd, Westfield, NJ 07090

Darin D. Pinto

Consumer Bankruptcy, Foreclosure, Residential Real Estate, Bankruptcy

Status: Licensed: 34 Years

CONTACT

376 South Avenue E, Westfield, NJ 07090

800-814-6700

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LEGAL TERMS

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

FCRA

See Fair Credit Reporting Act.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

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.

Fanwood Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Geraldene Sherr Duswalt

Thomas J Crownover

Carolyn Beth Rendell

Arthur A. Povelones

James D. Derose

Charles D. Whelan

Benjamin J. Ginter

Stephen P. Dempsey

Kevin Patrick Clancy

Darin D. Pinto

TIPS

LEGAL TERMS

GUARANTOR

PRIORITY DEBT

WINDING UP

LIMITED PARTNERSHIP

FCRA

GENERAL PARTNER

DEBT COLLECTOR

PREFERENCE

CREDIT FILE

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