Collingswood Bankruptcy & Debt Lawyer, New Jersey, page 3

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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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Charles Michael Izzo

Bankruptcy, Real Estate, Landlord-Tenant

Status: Licensed: 38 Years

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116 N 2Nd St, Camden, NJ 08102

Mark Vance Oddo

Bankruptcy & Debt

Status: Licensed: 42 Years

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511 Cooper St, Camden, NJ 08102

Andrew B. Altenburg

Bankruptcy & Debt, Bankruptcy, Unions, Credit & Debt

Status: Licensed: 33 Years

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401 Market St, Camden, NJ 08101

Joseph M. Garemore

Litigation, Corporate, Credit & Debt, Bankruptcy, Real Estate

Status: Licensed: 32 Years

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360 Haddon Ave, Camden, NJ 08108

Tamika Nicole Wyche

Bankruptcy, Personal Injury

Status: Licensed: 19 Years

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2985 Yorkship Square, Camden, NJ 08104

David Paul Daniels

Bankruptcy, Personal Injury

Status: Licensed: 45 Years

CONTACT

3300 Federal St, Camden, NJ 08105

Daniel Replogle

Civil Rights, Bankruptcy

Status:

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545 N Park Dr, Camden, NJ 08107

Regina Fedorenko

Trusts, Real Estate, Bankruptcy

Status:

CONTACT

Camden, NJ 08101

Christopher John Curylo

Workers' Compensation, DUI-DWI, Collection, Personal Injury

Status:

CONTACT

501 King Avenue, Cherry Hill, NJ 08002

Daniel W Myers

Bankruptcy & Debt, Complex Litigation

Status: Licensed: 67 Years

CONTACT

601 Longwood Ave, Cherry Hill, NJ 08002

800-923-0641

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LEGAL TERMS

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.

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.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

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.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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Collingswood Bankruptcy & Debt Lawyer, New Jersey, page 3

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Charles Michael Izzo

Mark Vance Oddo

Andrew B. Altenburg

Joseph M. Garemore

Tamika Nicole Wyche

David Paul Daniels

Daniel Replogle

Regina Fedorenko

Christopher John Curylo

Daniel W Myers

TIPS

LEGAL TERMS

LIMITED LIABILITY

DISCHARGEABLE DEBTS

SOLE PROPRIETORSHIP

MEANS TEST

PRESUMED ABUSE

CHAPTER 13 PLAN

CYBERSQUATTING

CREDITOR

FORBEARANCE

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