Cherry Hill Bankruptcy & Debt Lawyer, New Jersey, page 2

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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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John DiCiurcio

Family Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

411 Marlton Pike East, Cherry Hill, NJ 08034

Donald N Elsas

Bankruptcy, Family Law, Land Use & Zoning, Real Estate

Status: In Good Standing

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1000 Lenola Road, Moorestown, NJ 08057

D. Andrew Bertorelli

Business & Trade, Bankruptcy

Status: In Good Standing

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1000 Lenola Road, Moorestown, NJ 08057

Leonard R. Wizmur

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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525 Route 73 South, Marlton, NJ 08053

John R. Crayton

Tax, Bankruptcy

Status: In Good Standing

CONTACT

33 West Second Street, Moorestown, NJ 08057

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

Ellen M. McDowell

Real Estate, Lawsuit & Dispute, Consumer Rights, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

46 W. Main St., Maple Shade, NJ 08052

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

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

Mark Gregory Carusillo

Civil Rights, Bankruptcy, Contract, Government, Commercial Real Estate

Status: In Good Standing Licensed: 33 Years

FREE CONSULTATION

CONTACT

9 Cooper Ave, Marlton, NJ 08053

800-923-0641

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LEGAL TERMS

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

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.

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.

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.

FCRA

See Fair Credit Reporting Act.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

GRACE PERIOD

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you h... (more...)

A period of time during which you are not required to make payments on a debt. For example, most credit cards give you a grace period of 20-30 days before you have to pay interest on the amount of your purchases. Cash advances, however, usually have no grace period; interest begins to accumulate from the date of the withdrawal, even if you pay your bills on time. Also, some student loans give you a grace period after graduating or dropping out of school. During this time, you are not required to make payments on your loan.

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.

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Cherry Hill Bankruptcy & Debt Lawyer, New Jersey, page 2

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

John DiCiurcio

Donald N Elsas

D. Andrew Bertorelli

Leonard R. Wizmur

John R. Crayton

Edward Wiercinski

Ellen M. McDowell

Georgette Miller

Joel R. Spivack

Mark Gregory Carusillo

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LEGAL TERMS

CHAPTER 13 PLAN

REAFFIRMATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

PRIORITY DEBT

FCRA

REDEMPTION

DISCHARGE (OF DEBTS)

GRACE PERIOD

BANKRUPTCY

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