Hoboken 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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Brett F George

Bankruptcy

Status:

CONTACT

416 36th Street, Union City, NJ 07087

Gerard Robert DeSapio

Family Law, Collection, Immigration, Child Support

Status:

CONTACT

26 Journal Square, Jersey City, NJ 07306

George Bartholomew Costello

Other, Industry Specialties, Business, Bankruptcy & Debt

Status: Licensed: 42 Years

CONTACT

221 River St, Hoboken, NJ 07030

Brian Hannon Kappock

Trusts, Real Estate, Bankruptcy

Status: Licensed: 30 Years

CONTACT

232 Madison Street, Hoboken, NJ 07030

Joseph Kevin Scanlon

Commercial Real Estate, Contract, Commercial Bankruptcy

Status: Licensed: 30 Years

CONTACT

84 Washington St, Hoboken, NJ 07030

Michael Edward Holt

Bankruptcy & Debt

Status: Licensed: 32 Years

CONTACT

724 Garden Street, Hoboken, NJ 07030

Paul Evangelista

Real Estate, Immigration, Pension & Benefits, Bankruptcy, Collection

Status:

CONTACT

86 Hudson Street, Hoboken, NJ 07030

Laurence Lofaro

Bankruptcy

Status:

CONTACT

86 Hudson Street, Hoboken, NJ 07030

Lisa Beckerman-Stenl

Bankruptcy

Status:

CONTACT

86 Hudson Street, Hoboken, NJ 07030

Timothy Kuhls

Trusts, Real Estate, Intellectual Property, Bankruptcy

Status:

CONTACT

86 Hudson Street, Hoboken, NJ 07030

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

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.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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Hoboken Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Brett F George

Gerard Robert DeSapio

George Bartholomew Costello

Brian Hannon Kappock

Joseph Kevin Scanlon

Michael Edward Holt

Paul Evangelista

Laurence Lofaro

Lisa Beckerman-Stenl

Timothy Kuhls

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

CHAPTER 13 BANKRUPTCY

REPOSSESSION

NONDISCHARGEABLE DEBTS

C CORPORATION

AUTOMATIC STAY

SECRET WARRANTY PROGRAM

FRAUDULENT TRANSFER

WORKOUT

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