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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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Robert L. Grundlock

Complex Litigation, Federal Trial Practice, Federal Appellate Practice, Collection, Real Estate

Status: Licensed: 40 Years

CONTACT

3150 Brunswick Pk, Lawrence Township, NJ 08648

William H. Brosha

Litigation, Children's Rights, Business, Collection

Status:

CONTACT

993 Lenox Dr, Lawrence Township, NJ 08648

A. Christopher Florio

Wills & Probate, Trade Associations, Collection

Status:

CONTACT

993 Lenox Dr, Lawrence Township, NJ 08648

Anna Eva Johansson

Intellectual Property, Life & Health, Business & Trade, Commercial Bankruptcy

Status: Licensed: 24 Years

CONTACT

100 College Rd W, Princeton, NJ 08540

Naeem Akhtar

Divorce & Family Law, Criminal, Bankruptcy & Debt, Accident & Injury

Status: Licensed: 12 Years

CONTACT

103 Carnegie Ctr, Princeton, NJ 08540

Allyson Lantolf

Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Kimberly Pelkey Sdeo

Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Patricia Roach

Dispute Resolution, Bankruptcy

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Timothy Duggan

Bankruptcy, Tax

Status:

CONTACT

103 Carnegie Ctr Ste 300, Princeton, NJ 08540

Ronald Glick

Bankruptcy

Status:

CONTACT

Lawrence Township, NJ 08648

800-814-6700

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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Princeton Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Robert L. Grundlock

William H. Brosha

A. Christopher Florio

Anna Eva Johansson

Naeem Akhtar

Allyson Lantolf

Kimberly Pelkey Sdeo

Patricia Roach

Timothy Duggan

Ronald Glick

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LEGAL TERMS

LIQUIDATING PARTNER

DOING BUSINESS AS (DBA)

FAIR LABOR STANDARDS ACT (FLSA)

REPOSSESSION

LIMITED LIABILITY

MEANS TEST

DISPOSABLE INCOME

FRAUDULENT TRANSFER

UNSECURED DEBT

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