Somerdale Reorganization 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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Not enough matches for Somerdale Reorganization lawyer.
Below are all Somerdale Bankruptcy & Debt lawyers.

Robert H. Johnson

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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

Robert N. Braverman

Foreclosure, Contract, Business Organization, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

800 N. Kings Highway, 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

John DiCiurcio

Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

411 Marlton Pike East, Cherry Hill, NJ 08034

Georgette Miller

Bankruptcy & Debt, Bankruptcy, Bankruptcy Litigation, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

FREE CONSULTATION

CONTACT

335 Evesham Avenue, Lawnside, NJ 08045

Joseph J. Rogers

Bankruptcy & Debt, Foreclosure, Real Estate, Traffic

Status: In Good Standing Licensed: 30 Years

CONTACT

900 Route 168, Blackwood, NJ 08012

Edward Wiercinski

Bankruptcy, Divorce & Family Law, Criminal, DUI-DWI

Status: In Good Standing Licensed: 29 Years

CONTACT

5 Split Rock Drive, Cherry Hill, NJ 08003

David Reinherz

Bankruptcy & Debt, Divorce & Family Law, Criminal, Immigration

Status: In Good Standing

FREE CONSULTATION

CONTACT

151 Fries Mill Rd., Blackwood, NJ 08012

Joseph A. Mccormick

Litigation, Wills & Probate, Business, Bankruptcy

Status: In Good Standing

CONTACT

76 E Euclid Avenue, Haddonfield, NJ 08033

800-923-0641

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LEGAL TERMS

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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.

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.

DEBT COLLECTOR

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe... (more...)

A person who works in the in-house collections department of an original creditor or a collection agency to track down debtors and get them to pay what they owe. Debt collectors can be relentless, often using scare tactics, humiliation and repeated phone calls to extract payments or promises to pay.

LIQUIDATING PARTNER

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

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

CYBERSQUATTING

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. T... (more...)

Buying a domain name that reflects the name of a business or famous person with the intent of selling the name back to the business or celebrity for a profit. The Anticybersquatting Consumer Protection Act of 1999 authorizes a cybersquatting victim to file a federal lawsuit to regain a domain name or sue for financial compensation. Under the act, registering, selling or using a domain name with the intent to profit from someone else's good name is considered cybersquatting. Victims of cybersquatting can also use the provisions of the Uniform Domain Name Dispute Resolution Policy adopted by ICANN, an international tribunal administering domain names. This international policy results in arbitration of the dispute, not litigation.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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Somerdale Reorganization Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Robert H. Johnson

Robert N. Braverman

Michelle H. Badolato

Taironda E. Phoenix

John DiCiurcio

Georgette Miller

Joseph J. Rogers

Edward Wiercinski

David Reinherz

Joseph A. Mccormick

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LEGAL TERMS

DISCHARGEABLE DEBTS

BANKRUPTCY

PRESUMED ABUSE

DEBT COLLECTOR

LIQUIDATING PARTNER

SOLE PROPRIETORSHIP

CYBERSQUATTING

INTEREST

GARNISHMENT

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