La Luz Bankruptcy & Debt Lawyer, New Mexico, page 4

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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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James S. Plummer

Criminal

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

John Lovelace

Criminal

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

Stephen Peter Ochoa

Criminal

Status: In Good Standing

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1000 New York Ave, Alamogordo, NM 88310

Kirby Alan Wills

Criminal

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

Ellen Rattigan Jessen

Criminal

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

James Andrew Dickens

General Practice

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

Angie K. Schneider

General Practice

Status: In Good Standing

CONTACT

1000 New York Ave, Alamogordo, NM 88310

Samuel Thomas Overstreet

General Practice

Status: In Good Standing

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1011 New York Ave, Alamogordo, NM 88310

Glenna England Crews

Commercial Real Estate, Real Estate, Contract, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

714 3Rd Street, Tularosa, NM 88352

Michael H. Keedy

Insurance, Property Damage, Labor Law, Family Law

Status: In Good Standing

CONTACT

Alamogordo, NM 88311

800-923-0641

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LEGAL TERMS

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.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

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.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

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.

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La Luz Bankruptcy & Debt Lawyer, New Mexico, page 4

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

James S. Plummer

John Lovelace

Stephen Peter Ochoa

Kirby Alan Wills

Ellen Rattigan Jessen

James Andrew Dickens

Angie K. Schneider

Samuel Thomas Overstreet

Glenna England Crews

Michael H. Keedy

TIPS

LEGAL TERMS

UNSECURED DEBT

AUTOMATIC STAY

SUBROGATION

LIMITED LIABILITY

DOING BUSINESS AS (DBA)

NONEXEMPT PROPERTY

CHAPTER 7 BANKRUPTCY

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

DEBT COLLECTOR

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