Merchantville Bankruptcy Lawyer, New Jersey

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Mark Cherry
About | Practice Areas
Mark Cherry Law
385 Kings Highway North Suite 101 Cherry Hill, NJ 08034Â» view map
Bankruptcy & Debt
Where Every Client Matters

We want our clients to be confident and secure knowing we are a law firm ready to take on the fight and challenge with them.

800-824-6431
1. Mark Cherry Cherry Hill, NJ
  Attorney at Law - NJ, 1986
  Widener University J.D. 1986
2. AboutMark Cherry Law
  I will work with you whichever direction you choose to go.
3. Practice AreasSpecializations
  Bankruptcy & Debt
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Robert H. Johnson

✓ VERIFIED

Bankruptcy & Debt, Foreclosure, Bankruptcy

Robert H. Johnson has spent his career representing clients in U.S. Bankruptcy Court and New Jersey insolvency proceedings. Prior to founding this fi... (more)

FREE CONSULTATION

CONTACT

800-774-9731

1818 Old Cuthbert Rd, Cherry Hill, NJ 08034

Michelle H. Badolato

Banking & Finance, Bankruptcy Litigation, Corporate, Credit & Debt

Status: In Good Standing

CONTACT

360 Haddon Avenue, Collingswood, NJ 08108

Taironda E. Phoenix

Corporate, Business, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

360 Haddon Avenue, Collingswood, NJ 08108

Kevin Huang

Bankruptcy, Litigation

Status: In Good Standing

CONTACT

457 Haddonfield Road, Cherry Hill, NJ 08002

Elissa Westbrook Smith

Civil Rights, Divorce, Employment, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

46 West Main Street, Maple Shade, NJ 08052

John DiCiurcio

Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

411 Marlton Pike East, Cherry Hill, NJ 08034

Harold G. Cohen

Real Estate, Litigation, Business Organization, Bankruptcy

Status: In Good Standing Licensed: 53 Years

CONTACT

457 Haddonfield Rd, Cherry Hill, NJ 08002

Louis G. Rubino

Estate Planning, Business Organization, Banking & Finance, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

457 Haddonfield Rd, Cherry Hill, NJ 08002

Joel R. Spivack

Foreclosure, Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

1415 Marlton Pike East, Cherry Hill, NJ 08034

Joel Richard Spivack

Commercial Real Estate, Real Estate, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

1820 Chapel Ave W, Cherry Hill, NJ 08002

800-923-0641

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LEGAL TERMS

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

FCBA

See Fair Credit Billing Act.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

CREDIT FILE

See credit report.

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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Merchantville Bankruptcy Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Robert H. Johnson

Michelle H. Badolato

Taironda E. Phoenix

Kevin Huang

Elissa Westbrook Smith

John DiCiurcio

Harold G. Cohen

Louis G. Rubino

Joel R. Spivack

Joel Richard Spivack

TIPS

LEGAL TERMS

LIABILITY

ABUSE

FCBA

PRIORITY DEBT

REAFFIRMATION

FRAUDULENT TRANSFER

GUARANTOR

HOUSEHOLDER

CREDIT FILE

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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