Bosque Bankruptcy 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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Simone Seiler

Foreclosure, Bankruptcy, Patent, Business

Status: In Good Standing

CONTACT

Tome, NM 87060

Steven J. Clark

Social Security, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

Peralta, NM 87042

Edmund H. Kase

Commercial Bankruptcy, Litigation, Insurance

Status: In Good Standing

CONTACT

Socorro, NM 87801

Steve H. Mazer

Employment, Children's Rights, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

2501 Yale Blvd SE, Albuquerque, NM 87106

Chad Errol Gruber

Landlord-Tenant, Bankruptcy, Federal, Criminal, Mass Torts

Status: In Good Standing

CONTACT

1019 4Th St Sw, Albuquerque, NM 87102

Chad Errol Gruber

Real Estate, Commercial Bankruptcy, Construction, Mass Torts

Status: In Good Standing

CONTACT

1019 4Th St Sw, Albuquerque, NM 87102

Rebecca Claire Branch

Credit & Debt, Bankruptcy, Consumer Bankruptcy, Life & Health

Status: In Good Standing

CONTACT

800 Bradbury Dr Se, Albuquerque, NM 87106

Dennis A. Banning

Insurance, Credit & Debt, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

320 Gold Ave Sw, Albuquerque, NM 87102

Charles L. Mcelwee

Federal, Estate Planning, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

320 Gold Ave Sw, Albuquerque, NM 87102

Alfred Matthew Sanchez

Divorce & Family Law, Credit & Debt, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

400 Gold Ave Sw, Albuquerque, NM 87102

800-923-0641

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LEGAL TERMS

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.

DISCHARGE (OF DEBTS)

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

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

COLLATERAL

Property that guarantees payment of a secured debt.

CCCS

See Consumer Credit Counseling Service.

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

... The record reveals that Plaintiffs pursued their claim for nearly a year before SE filed for bankruptcy in federal court on June 27, 2003 and notified the district court of the bankruptcy action on July 8, 2003. Rhodes & Salmon, PC ...

Dooley v. QUIET TITLE COMPANY, LLC

... On March 14, 2011, a notice of automatic stay was filed in this Court, notifying the Court that Defendant Quiet Title Company, LLC had filed a petition for bankruptcy in the United States Bankruptcy Court. On July 20, 2011, this ...

Dickey v. GENERAL GROWTH PROPERTIES, INC.

... [RP 173] Defendants filed for bankruptcy, and an automatic stay of the present action was entered in April 2009. [RP 178] The stay was lifted in November 2010. ... [RP 173-74] And shortly after that, Defendants filed for bankruptcy, staying the case for over a year and a half. ...

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Bosque Bankruptcy Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Simone Seiler

Steven J. Clark

Edmund H. Kase

Steve H. Mazer

Chad Errol Gruber

Chad Errol Gruber

Rebecca Claire Branch

Dennis A. Banning

Charles L. Mcelwee

Alfred Matthew Sanchez

TIPS

LEGAL TERMS

CHAPTER 7 BANKRUPTCY

DISCHARGE (OF DEBTS)

GENERAL PARTNER

GUARANTOR

401(K) PLAN

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

INTEREST

COLLATERAL

CCCS

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

Dooley v. QUIET TITLE COMPANY, LLC

Dickey v. GENERAL GROWTH PROPERTIES, INC.

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