West Berlin Bankruptcy & Debt 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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Leonard R. Wizmur

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

525 Route 73 South, Marlton, NJ 08053

Stephen P. DeNittis

Lawsuit & Dispute, Family Law, Divorce, Divorce & Family Law, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

CONTACT

5 Greentree Centre, Marlton, NJ 08053

Andrew Thomas Archer

Real Estate, Bankruptcy, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

125 Route 73 North, West Berlin, NJ 08091

Seth Philip Maltzman

Occupational Safety & Health, Family Law, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 28 Years

CONTACT

125 Route 73 North, West Berlin, NJ 08091

Kenneth Joseph Borger

Occupational Safety & Health, Family Law, Bankruptcy, Medical Malpractice

Status: In Good Standing Licensed: 9 Years

CONTACT

125 Route 73 North, West Berlin, NJ 08091

Larry Steven Byck

Government, Employment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 37 Years

CONTACT

540 North Route 73, West Berlin, NJ 08091

Joseph Frank Fabian

Accident & Injury, Workers' Compensation, Bankruptcy & Debt, Divorce & Family Law, Estate

Status: In Good Standing Licensed: 41 Years

CONTACT

475 Route 73 North, West Berlin, NJ 08091

Jack Lee Turner

Divorce & Family Law, DUI-DWI, Products Liability, Bankruptcy & Debt, Family Law

Status: In Good Standing Licensed: 28 Years

CONTACT

165 Bate Ave, West Berlin, NJ 08091

Kevin Castro

State and Local, Family Law, Collection, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 38 Years

CONTACT

540 N Route 73, West Berlin, NJ 08091

John Edward Corbett

Construction, Employee Rights, Banking & Finance, Credit & Debt

Status: In Good Standing Licensed: 57 Years

CONTACT

303 Walnut Ave, Marlton, NJ 08053

800-923-0641

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800-943-8690

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

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.

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West Berlin Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Leonard R. Wizmur

Stephen P. DeNittis

Andrew Thomas Archer

Seth Philip Maltzman

Kenneth Joseph Borger

Larry Steven Byck

Joseph Frank Fabian

Jack Lee Turner

Kevin Castro

John Edward Corbett

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LEGAL TERMS

S CORPORATION

DEBT COLLECTOR

PRIORITY DEBT

CREDIT INSURANCE

CURRENT MONTHLY INCOME

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

401(K) PLAN

DISCHARGEABLE DEBTS

MEANS TEST

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