Hainesport 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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Alan M. Tepper

Lawsuit & Dispute, Government, Business, Bankruptcy & Debt

Status: Licensed: 56 Years

CONTACT

133 Paisley Place, Hainesport, NJ 08036

Janet L. Sozio

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

Status: Licensed: 43 Years

CONTACT

1 Trinity Lane, Mount Holly, NJ 08060

Warren S Jones

Bankruptcy & Debt, Landlord-Tenant, Collection

Status:

CONTACT

1 Trinity Lane, Mount Holly, NJ 08060

Craig Anthony Ambrose

Traffic, Credit & Debt

Status: Licensed: 32 Years

CONTACT

49 Rancocas Road, Mount Holly, NJ 08060

Craig Anthony Ambrose

Car Accident, Traffic, Credit & Debt

Status: Licensed: 32 Years

CONTACT

49 Rancocas Road, Mount Holly, NJ 08060

Nicolas Gordon Rotsides

Real Estate, Lawsuit & Dispute, Criminal, Bankruptcy & Debt

Status: Licensed: 11 Years

CONTACT

203 High Street, Mount Holly, NJ 08060

Travis J. Richards

Landlord-Tenant, Bankruptcy, Real Estate

Status:

CONTACT

141 High St, Mount Holly, NJ 08060

Lee S. Dennison

Real Estate, Criminal, Credit & Debt

Status: Licensed: 47 Years

CONTACT

231 High Street, Mount Holly, NJ 08060

Stephanie Shreter

Bankruptcy, Consumer Protection, Credit & Debt

Status: Licensed: 35 Years

CONTACT

105 High St, Mount Holly, NJ 08060

Jaimie Finberg

Bankruptcy

Status:

CONTACT

Mount Laurel, NJ 08054

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CCCS

See Consumer Credit Counseling Service.

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.

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.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

CREDIT FILE

See credit report.

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.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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Hainesport Bankruptcy & Debt Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Alan M. Tepper

Janet L. Sozio

Warren S Jones

Craig Anthony Ambrose

Craig Anthony Ambrose

Nicolas Gordon Rotsides

Travis J. Richards

Lee S. Dennison

Stephanie Shreter

Jaimie Finberg

TIPS

LEGAL TERMS

TRADE NAME

CCCS

SOLE PROPRIETORSHIP

S CORPORATION

LIMITED PARTNERSHIP

CREDIT FILE

GUARANTEED RESERVATION

CREDIT INSURANCE

TRUTH IN LENDING ACT (TILA)

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