Magnolia 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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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

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800-774-9731

1818 Old Cuthbert Rd, Cherry Hill, NJ 08034

Robert N. Braverman

Foreclosure, Contract, Business Organization, Credit & Debt

Status: In Good Standing

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800 N. Kings Highway, Cherry Hill, NJ 08034

Michelle H. Badolato

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

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360 Haddon Avenue, Collingswood, NJ 08108

Taironda E. Phoenix

Corporate, Business, Credit & Debt, Bankruptcy

Status: In Good Standing

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360 Haddon Avenue, Collingswood, NJ 08108

John DiCiurcio

Family Law, Bankruptcy

Status: In Good Standing

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411 Marlton Pike East, Cherry Hill, NJ 08034

Georgette Miller

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

Status: In Good Standing Licensed: 24 Years

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335 Evesham Avenue, Lawnside, NJ 08045

Edward Wiercinski

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

Status: In Good Standing Licensed: 29 Years

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5 Split Rock Drive, Cherry Hill, NJ 08003

Joseph A. Mccormick

Litigation, Wills & Probate, Business, Bankruptcy

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76 E Euclid Avenue, Haddonfield, NJ 08033

Julie Roberson Freeman

Deportation, Family Law, Bankruptcy, Household Mold

Status: In Good Standing

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4 Kings Highway East, Haddonfield, NJ 08033

David Reinherz

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

Status: In Good Standing

FREE CONSULTATION

CONTACT

151 Fries Mill Rd., Blackwood, NJ 08012

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

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.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

FCBA

See Fair Credit Billing Act.

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.

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 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

Edward Wiercinski

Joseph A. Mccormick

Julie Roberson Freeman

David Reinherz

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LEGAL TERMS

CHAPTER 13 PLAN

WORKOUT

GUARANTEED RESERVATION

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

CHAPTER 13 BANKRUPTCY

FAIR LABOR STANDARDS ACT (FLSA)

FCBA

PRESUMED ABUSE

GUARANTOR

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