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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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Becky A. Torres

Administrative Law, Collection, Civil Rights, Estate Planning

Status: In Good Standing

CONTACT

333 Rio Rancho Drive, Rio Rancho, NM 87174

Denise A. Snyder

Collection, Foreclosure, Mediation, Clean Air Practice

Status: In Good Standing

CONTACT

6501 Eagle Rock Ave Ne, Albuquerque, NM 87113

Denise A. Snyder

Foreclosure, Mediation, Civil Rights, Collection

Status: In Good Standing

CONTACT

4233 Montgomery Blvd. Ne, Albuquerque, NM 87109

Deborah M. DeMack

Bankruptcy & Debt, Bankruptcy, Collection

Status: In Good Standing

CONTACT

the Law Office of George "Dave" Giddens,PC., Albuquerque, NM 87111

Rebecca A. Torres

Civil & Human Rights, Collection, Estate Planning, Water

Status: In Good Standing

CONTACT

Rio Rancho, NM 87174

Jason M. Wexler

Litigation, Transactions, Estate Planning, Collection

Status: In Good Standing

CONTACT

1212 Pennsylvania St Ne, Albuquerque, NM 87110

R. Ruben Gallegos

Collection, Tribal Jurisdiction, DUI-DWI, Credit & Debt

Status: In Good Standing

CONTACT

116 14th Street SW, Albuquerque, NM 87102

Andrew P. Yarrington

Consumer Rights, Bankruptcy & Debt, Bankruptcy, Collection

Status: In Good Standing

CONTACT

20 First Plaza Ctr Nw, Albuquerque, NM 87102

John Thomas Fitzpatrick

Real Estate, Business, Contract, Collection

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Lawrence P. Zamzok

Collection, Personal Injury, Car Accident

Status: In Good Standing

FREE CONSULTATION

CONTACT

6001 Whiteman Drive NW, Albuquerque, NM 87120

800-923-0641

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LEGAL TERMS

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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Placitas Collection Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Becky A. Torres

Denise A. Snyder

Denise A. Snyder

Deborah M. DeMack

Rebecca A. Torres

Jason M. Wexler

R. Ruben Gallegos

Andrew P. Yarrington

John Thomas Fitzpatrick

Lawrence P. Zamzok

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LEGAL TERMS

CHAPTER 7 BANKRUPTCY

MEANS TEST

NONDISCHARGEABLE DEBTS

TOXIC TORT

FAIR CREDIT REPORTING ACT (FCRA)

401(K) PLAN

WORKOUT

PREFERENCE

DISCHARGEABLE DEBTS

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