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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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Carlos E. Ruvalcaba-Trejo

Credit & Debt, Bankruptcy, Consumer Bankruptcy, Immigration

Status: In Good Standing

CONTACT

845 N Motel Blvd, Las Cruces, NM 88007

William L. Lutz

Estate Planning, Corporate, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

2110 N Main St, Las Cruces, NM 88001

Robert Lara

Corporate, Bankruptcy, Personal Injury, Employee Rights

Status: In Good Standing

CONTACT

201 W Picacho Ave, Las Cruces, NM 88005

Ryan Gabriel Ellison

Litigation, Business & Trade, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

200 N Church St, Las Cruces, NM 88001

Michael L. Winchester

Landlord-Tenant, Social Security, Workers' Compensation, Bankruptcy

Status: In Good Standing

CONTACT

333 S Campo Street, Las Cruces, NM 88001

David Franklin Mcarthur

Federal, Bankruptcy & Debt, Civil Rights

Status: In Good Standing

CONTACT

1966 Avenida De Antigua, Las Cruces, NM 88005

Kathleen Black Reynolds

Family Law, Divorce, DUI-DWI, Collection

Status: In Good Standing

CONTACT

2515 Pagosa Hills Ave, Las Cruces, NM 88011

Richard B. Wellborn

General Practice

Status: In Good Standing

CONTACT

653 Utah Ave, Las Cruces, NM 88001

Oralia Franco

Personal Injury, Bankruptcy, Credit & Debt, Consumer Bankruptcy

Status: In Good Standing

CONTACT

2000 E Lohman Ave, Las Cruces, NM 88001

Ruben Trey Arvizu

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

CONTACT

715 E Idaho Ave, Las Cruces, NM 88001

800-923-0641

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LEGAL TERMS

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

TRADE NAME

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

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

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.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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Garfield Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Carlos E. Ruvalcaba-Trejo

William L. Lutz

Robert Lara

Ryan Gabriel Ellison

Michael L. Winchester

David Franklin Mcarthur

Kathleen Black Reynolds

Richard B. Wellborn

Oralia Franco

Ruben Trey Arvizu

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LEGAL TERMS

BULK SALES LAW

SUBROGATION

MEETING OF CREDITORS

TRADE NAME

GARNISHMENT

REPOSSESSION

401(K) PLAN

S CORPORATION

COLLECTION AGENCY

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