Patrick Schaefer

Patrick K. Schaefer is an attorney and founder of Nationwide TFS, LLC in Jericho, N.Y. Launched in 2011, TFS was the first-to-the-market total electronic payment platform designed to service the three pillars of the chapter 13 bankruptcy industry: trustees, attorneys and debtors. Early in his career, Mr.Schaefer was a nationally recognized political operative. At age 29, he was tapped by the Democratic National Committee to take over the reins of the New York State Democratic Party. At the time, he was the youngest executive director ever to manage the day-to-day operations of the century-old organization. In the wake of an historic election loss, Mr. Schaefer was a catalyst for its revival by first focusing on the party’s finances, which were on the brink of insolvency. He eliminated structural debt, reconstituted sound fundraising practices and reopened the Manhattan headquarters. He maintained fiscal discipline and positioned the organization to play a critical role in the upcoming presidential election. He also was a frequent commentator and guest on local networks and nationally on Fox and MSNBC. In the late 1990s, Mr. Schaefer became a managing partner of one of the largest and most recognized consumer bankruptcy firms in the New York metropolitan area, where he implemented a hub concept with petition preparation and legal pleadings centrally prepared, invested in technology to have all three offices seamlessly operate, and increased the firm’s profit per client ratio. He was the New York representative to theAmerican Consumer Bankruptcy College (ACBC) and remains a member of the National Association ofConsumer Bankruptcy Attorneys (NACBA). Mr. Schaefer received his B.S. in political science in 1988from the State University of New York College at Oswego, and his J.D. in 1992 from Tuoro UniversityJacob D. Fuchsberg Law Center.