Magnolia 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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David Alan Snyder

Workers' Compensation, Family Law, Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

11 W Ormond Ave, Cherry Hill, NJ 08002

Rex J. Roldan

Government, Administrative Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 31 Years

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900 Route 168, Blackwood, NJ 08012

Brad Spiller

Bankruptcy, Personal Injury, Medical Malpractice, Car Accident

Status: In Good Standing

FREE CONSULTATION

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175 Richey Avenue, Oaklyn, NJ 08107

Joseph M. Garemore

Litigation, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 32 Years

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360 Haddon Ave, Camden, NJ 08108

Daniel Adam Frischberg

Municipal, Civil Rights, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

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3000 Atrium Way, Mount Laurel, NJ 08054

Jeffrey S Walters

Landlord-Tenant, Litigation, Trusts, Credit & Debt

Status: In Good Standing

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3000 Atrium Way, Mount Laurel, NJ 08054

Edward L. Paul

Bankruptcy & Debt, Business, Real Estate

Status: In Good Standing

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1103 Laurel Oak Rd, Voorhees, NJ 08043

Edward P Epstein

Divorce & Family Law, Accident & Injury, Collection, Banking & Finance

Status: In Good Standing Licensed: 47 Years

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15 Station Ave, Haddon Heights, NJ 08035

Samuel Gerstein

Business, Real Estate, Commercial Bankruptcy

Status: In Good Standing

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1288 Route 73 South, Mount Laurel, NJ 08054

Joseph McCormick

Foreclosure, Lawsuit & Dispute, Divorce & Family Law, Bankruptcy

Status: In Good Standing

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76 Euclid Ave, 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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

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.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

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.

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.

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Magnolia Bankruptcy & Debt Lawyer, New Jersey, page 2

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

David Alan Snyder

Rex J. Roldan

Brad Spiller

Joseph M. Garemore

Daniel Adam Frischberg

Jeffrey S Walters

Edward L. Paul

Edward P Epstein

Samuel Gerstein

Joseph McCormick

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LEGAL TERMS

DISCHARGEABLE DEBTS

ACCORD AND SATISFACTION

BANKRUPTCY

NONDISCHARGEABLE DEBTS

CHAPTER 13 PLAN

CHAPTER 13 BANKRUPTCY

IRS EXPENSES

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

GUARANTOR

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