Hernandez Bankruptcy & Debt 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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Gary M. Feuerman

Corporate, Landlord-Tenant, Credit & Debt, Bankruptcy

Status: In Good Standing

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1405 Paseo Del Pueblo Norte, El Prado, NM 87529

Robert W. Merson

General Practice

Status: In Good Standing

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Lindrith, NM 87029

Timothy Albert Bullock

Construction, Litigation, Corporate, Reorganization

Status: In Good Standing Licensed: 34 Years

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50 Lantana St, Los Alamos, NM 87547

Abigail Sullivan-Engen

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

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Santa Fe, NM 87504

Mekko Mangas Miller

General Practice

Status: In Good Standing

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2 Tunyo Po, Santa Fe, NM 87506

Paul M. Splett

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

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Santa Fe, NM 87504

Zoe E. Lees

Gaming & Alcohol, Credit & Debt, Natural Resources, Indians & Native Populations

Status: In Good Standing

CONTACT

119 E Marcy St, Santa Fe, NM 87501

Stefanie Beninato

Mediation, Clean Air Practice, Arbitration, Credit & Debt

Status: In Good Standing

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Santa Fe, NM 87504

Meghan H. Mead

Collection

Status: In Good Standing

CONTACT

Santa Fe, NM 87504

Jacqueline Ortiz

General Practice

Status: In Good Standing

CONTACT

Santa Fe, NM 87504

800-923-0641

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LEGAL TERMS

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

FAIR LABOR STANDARDS ACT (FLSA)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements ... (more...)

A federal law that guarantees a worker's right to be paid fairly. The FLSA defines the 40-hour workweek, sets out the federal minimum wage, states requirements for overtime and places restrictions on child labor.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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Hernandez Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Gary M. Feuerman

Robert W. Merson

Timothy Albert Bullock

Abigail Sullivan-Engen

Mekko Mangas Miller

Paul M. Splett

Zoe E. Lees

Stefanie Beninato

Meghan H. Mead

Jacqueline Ortiz

TIPS

LEGAL TERMS

CREDIT REPORT

HOUSEHOLDER

FAIR LABOR STANDARDS ACT (FLSA)

IRS EXPENSES

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DISPOSABLE INCOME

NONDISCHARGEABLE DEBTS

REAFFIRMATION

CHAPTER 13 BANKRUPTCY

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