Hobbs 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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Not enough matches for Hobbs Bankruptcy & Debt lawyer.
Below are all Hobbs lawyers.

James W. Klipstine

Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing

CONTACT

1601 N Turner St, Hobbs, NM 88240

Freeman C. Faust

Personal Injury, Consumer Bankruptcy, Criminal, Medical Malpractice

Status: In Good Standing

CONTACT

P.O. Box 2472, Hobbs, NM 88241

Samberson C Gene

Litigation, Criminal

Status: In Good Standing

CONTACT

311 N 1St St, Lovington, NM 88260

C. Barry Crutchfield

Landlord-Tenant, Mass Torts, Wrongful Termination, Bankruptcy, Personal Injury

Status: Deceased

CONTACT

113 E Washington Ave, Lovington, NM 88260

Erik M. Scramlin

Federal Trial Practice, Criminal

Status: In Good Standing

CONTACT

5322 W Big Red Rd, Hobbs, NM 88240

Herbert M. Strassberg

General Practice

Status: In Good Standing

CONTACT

1630 Marquis Ln, Hobbs, NM 88240

Glen L. Houston

General Practice

Status: In Good Standing

CONTACT

1304 W Broadway Pl, Hobbs, NM 88240

Gary Don Reagan

Real Estate, Estate, Contract, Accident & Injury

Status: In Good Standing

CONTACT

1819 North Turner, Hobbs, NM 88240

Andrew Lowell Stout

Workers' Compensation, Insurance, Personal Injury

Status: In Good Standing

CONTACT

3319 N Grimes St, Hobbs, NM 88240

Mark Stout

Personal Injury

Status: In Good Standing

CONTACT

3319 N Grimes St, Hobbs, NM 88240

800-923-0641

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LEGAL TERMS

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

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.

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

CCCS

See Consumer Credit Counseling Service.

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.

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.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

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Hobbs Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

James W. Klipstine

Freeman C. Faust

Samberson C Gene

C. Barry Crutchfield

Erik M. Scramlin

Herbert M. Strassberg

Glen L. Houston

Gary Don Reagan

Andrew Lowell Stout

Mark Stout

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LEGAL TERMS

PREFERENCE

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DISPOSABLE INCOME

FRATERNAL BENEFIT SOCIETY BENEFITS

COSIGNER

CCCS

INTEREST

GENERAL PARTNER

SECURED DEBT

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