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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

Patricia Colligan

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Estate, Trusts, Bankruptcy & Debt, Bankruptcy

Private Practice with Main Concentration in Bankruptcy

Serving Monmouth and Ocean Counties, the Law Office of Patricia Colligan, LLC is a law firm focusing on Bankruptcy Law.

FREE CONSULTATION

CONTACT

732-542-6600

615 Hope Road, Eatontown, NJ 07724

Jay Schmerler

Real Estate, Estate, Business, Bankruptcy & Debt, Bankruptcy

Status:

CONTACT

1127 State Hwy 35, Asbury Park, NJ 07712

E Carlton Kromer

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 20 Years

CONTACT

3321 Doris Ave, Asbury Park, NJ 07712

John F De Bartolo

Family Law, Divorce, Adoption, Bankruptcy

Status: Licensed: 48 Years

CONTACT

802 West Park Ave, Asbury Park, NJ 07712

E. Carlton Kromer

Divorce & Family Law, Bankruptcy, Education, Landlord-Tenant, Traffic

Status: Licensed: 19 Years

CONTACT

3321 Doris Ave, Asbury Park, NJ 07712

Thomas J Palmer

Real Estate, Lawsuit & Dispute, Employment, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 25 Years

FREE CONSULTATION

CONTACT

85 First Avenue, C-1, Atlantic Highlands, NJ 07716

Cephus Richard

Litigation, Entertainment, Commercial Bankruptcy, Personal Injury, Mass Torts

Status: Licensed: 10 Years

CONTACT

274 Church St, Belford, NJ 07718

James J Cerbone

Real Estate, Bankruptcy, Bankruptcy & Debt

Status:

CONTACT

2430 Highway 34 Wall Fl Fl 2, Belmar, NJ 07719

Constantine Bardis

Government, Workers' Compensation, Bankruptcy, Medical Malpractice, Divorce

Status: Licensed: 26 Years

CONTACT

1800 Main Street, Belmar, NJ 07719

Brian D. Winters

Alimony & Spousal Support, Bankruptcy, Divorce, Landlord-Tenant, Litigation

Status: Licensed: 32 Years

FREE CONSULTATION

CONTACT

Main Street & LaReine Avenue, Bradley Beach, NJ 07720

800-814-6700

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

LIQUIDATING PARTNER

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

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.

FCRA

See Fair Credit Reporting Act.

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.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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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Red Bank Bankruptcy Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Patricia Colligan

Jay Schmerler

E Carlton Kromer

John F De Bartolo

E. Carlton Kromer

Thomas J Palmer

Cephus Richard

James J Cerbone

Constantine Bardis

Brian D. Winters

TIPS

LEGAL TERMS

PRESUMED ABUSE

LIQUIDATING PARTNER

MEETING OF CREDITORS

FCRA

NONEXEMPT PROPERTY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DISPOSABLE INCOME

CREDITOR

BANKRUPTCY

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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