Bent Reorganization Lawyer, New Mexico

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Jon Litty
About | Practice Areas
Litty Law Group, P.C.
500 Marquette Ave NW Suite 1200 Albuquerque, NM 87102» view map
Bankruptcy & Debt and Immigration Law
Albuquerque’s Attorney

I’m Jon Litty and I’m here to serve you, Albuquerque! I will fight to get you what you rightfully deserve.

505-862-5061
1. Jon Litty Albuquerque, NM
  Attorney at Law- NM
  Thomas Jefferson School of Law, J.D. 2015
2. AboutLitty Law Group, P.C.
  Albuquerque’s Attorney
3. Practice AreasExpertise
  Bankruptcy & Debt
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Not enough matches for Bent Reorganization lawyer.
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Lauren Elizabeth Anne Truitt

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Criminal

Lauren E. A. Truitt completed her undergraduate degree at Texas State University in 2006, obtained her juris doctor (JD) from Oklahoma City University... (more)

CONTACT

575-378-3788

P.O. Box 402, Ruidoso, NM 88355

Gregory L. Harding

General Practice

Status: In Good Standing

CONTACT

Bent, NM 88314

Charles M. Hayden

Employee Rights

Status: Retired Licensed: 40 Years

CONTACT

608 Granado St, Tularosa, NM 88352

Rand Mitchell

General Practice

Status: Inactive Licensed: 36 Years

CONTACT

29 Bridal Falls Ln, Tularosa, NM 88352

Gregory L. Harding

International, Intellectual Property, Licensing

Status: Inactive

CONTACT

Bent, NM 88314

Glenna England Crews

Commercial Real Estate, Real Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

714 3Rd Street, Tularosa, NM 88352

George P Clark

General Practice

Status: In Good Standing Licensed: 38 Years

CONTACT

45 Ocaso Vista, La Luz, NM 88337

Adam D. Rafkin

Nursing Home, Elder Law, Personal Injury, Medical Malpractice, Mass Torts

Status: In Good Standing

CONTACT

Ruidoso, NM 88355

Frank Kenneth Wilson

Mediation, Clean Air Practice, Arbitration, Collaborative Law

Status: In Good Standing

CONTACT

12 Indian Maid Ln, Alamogordo, NM 88310

Zachary J. Cook

Administrative Law, Immigration, Business & Trade, Civil Rights

Status: In Good Standing

CONTACT

1703 Sudderth Dr, Ruidoso, NM 88345

800-923-0641

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LEGAL TERMS

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.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

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.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

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.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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Bent Reorganization Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Lauren Elizabeth Anne Truitt

Gregory L. Harding

Charles M. Hayden

Rand Mitchell

Gregory L. Harding

Glenna England Crews

George P Clark

Adam D. Rafkin

Frank Kenneth Wilson

Zachary J. Cook

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LEGAL TERMS

DEBT COLLECTOR

DISCHARGE (OF DEBTS)

SOLE PROPRIETORSHIP

GARNISHMENT

S CORPORATION

UNSECURED DEBT

LIMITED LIABILITY

CHAPTER 7 BANKRUPTCY

NUISANCE FEES

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