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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
3. Refer
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Patricia Colligan

✓

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

Douglas E. Freiberger

Landlord-Tenant, Real Estate, Contract, Bankruptcy

Status: Licensed: 50 Years

CONTACT

788 Shrewsbury Ave, Eatontown, NJ 07724

Vivianna Cosme-Bravo

Bankruptcy, Family Law, Municipal, State Appellate Practice

Status:

CONTACT

170 Monmouth Street, Red Bank, NJ 07701

Monika Mazurczyk

Real Estate, Trusts, Estate, Bankruptcy

Status: Licensed: 36 Years

CONTACT

27 Beach Road, Monmouth Beach, NJ 07750

Vera Fedoroff

Family Law, Divorce, Adoption, Bankruptcy

Status: Licensed: 29 Years

CONTACT

., Red Bank, NJ 07701

Amanda Muhaw

Divorce & Family Law, Criminal, Bankruptcy, Personal Injury

Status:

CONTACT

2 Bridge Avenue, Red Bank, NJ 07701

Paul Edinger

Immigration, Federal Trial Practice, Civil Rights, Bankruptcy, Real Estate

Status:

CONTACT

211 Monmouth Rd, West Long Branch, NJ 07764

Carol McEvoy

Bankruptcy

Status:

CONTACT

Little Silver, NJ 07739

Bunce Atkinson

Bankruptcy

Status:

CONTACT

The Galleria, Red Bank, NJ 07701

Jaclyn Kass

Bankruptcy

Status:

CONTACT

The Galleria, Red Bank, NJ 07701

800-814-6700

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LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

LIQUIDATING PARTNER

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

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.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

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.

FDCPA

See Fair Debt Collections & Practices Act.

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.

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.

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

Douglas E. Freiberger

Vivianna Cosme-Bravo

Monika Mazurczyk

Vera Fedoroff

Amanda Muhaw

Paul Edinger

Carol McEvoy

Bunce Atkinson

Jaclyn Kass

TIPS

LEGAL TERMS

FAIR CREDIT REPORTING ACT (FCRA)

SECURED DEBT

LIQUIDATING PARTNER

C CORPORATION

CREDIT COUNSELING

WINDING UP

FDCPA

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

LIMITED LIABILITY

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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