Mesilla Park 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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Dwight Madison Kealy

Insurance, Contract, Business, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

Las Cruces, NM 88003

Karl Rysted

Landlord-Tenant, Credit & Debt, Family Law, Bankruptcy

Status: In Good Standing

CONTACT

Las Cruces, NM 88003

Michael Noah Prinz

Federal Trial Practice, Employee Rights, Civil Rights, Bankruptcy

Status: In Good Standing Licensed: 18 Years

CONTACT

845 N Motel Blvd, Las Cruces, NM 88007

Bradley A. Springer

Litigation, Administrative Law, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

David Price Lutz

Litigation, Corporate, Bankruptcy, Personal Injury, Workers' Compensation

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

J. Preston Paschall

General Practice

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

Samantha R. Barncastle

General Practice

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

Bryan M. Gelecki

Credit & Debt

Status: In Good Standing

CONTACT

110 Calle De Alegra, Las Cruces, NM 88005

James A. Roggow

General Practice

Status: In Good Standing

CONTACT

205 W. Boutz Road, Las Cruces, NM 88005

Robert M. Greenbaum

Workout, Reorganization, Bankruptcy

Status: In Good Standing

CONTACT

600 Montana Avenue, Las Cruces, NM 88001

800-923-0641

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LEGAL TERMS

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

COLLATERAL

Property that guarantees payment of a secured debt.

SECRET WARRANTY PROGRAM

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid... (more...)

A program under which a car manufacturer will make repairs for free on vehicles with persistent problems, even after the warranty has expired, in order to avoid a recall and the accompanying bad press. Secret warranties are rarely advertised by the manufacturer, so consumers must pursue the manufacturer to discover and take advantage of them. A few states require manufacturers to notify car buyers when they adopt secret warranty programs.

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.

CCCS

See Consumer Credit Counseling Service.

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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Mesilla Park Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Dwight Madison Kealy

Karl Rysted

Michael Noah Prinz

Bradley A. Springer

David Price Lutz

J. Preston Paschall

Samantha R. Barncastle

Bryan M. Gelecki

James A. Roggow

Robert M. Greenbaum

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LEGAL TERMS

CREDITOR

CREDIT INSURANCE

COLLATERAL

SECRET WARRANTY PROGRAM

S CORPORATION

CCCS

NONEXEMPT PROPERTY

FAIR LABOR STANDARDS ACT (FLSA)

LIEN

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