Radium Springs 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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Bradley A. Springer

Litigation, Administrative Law, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

Karina Rocha

Civil Rights, Bankruptcy

Status: In Good Standing

CONTACT

600 Montana Ave, Las Cruces, NM 88001

Bryan M. Gelecki

Credit & Debt

Status: In Good Standing

CONTACT

110 Calle De Alegra, Las Cruces, NM 88005

Robert Lara

Corporate, Bankruptcy, Personal Injury, Employee Rights

Status: In Good Standing

CONTACT

201 W Picacho Ave, Las Cruces, NM 88005

Mick I. R. Gutierrez

Employee Rights, Civil Rights, Administrative Law, Bankruptcy

Status: In Good Standing

CONTACT

600 Montana Ave, Las Cruces, NM 88001

Carlos E. Ruvalcaba-Trejo

Credit & Debt, Bankruptcy, Consumer Bankruptcy, Immigration

Status: In Good Standing

CONTACT

845 N Motel Blvd, Las Cruces, NM 88007

Karl Rysted

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

Status: In Good Standing

CONTACT

Las Cruces, NM 88003

Kathleen Black Reynolds

Family Law, Divorce, DUI-DWI, Collection

Status: In Good Standing

CONTACT

2515 Pagosa Hills Ave, Las Cruces, NM 88011

Richard B. Wellborn

General Practice

Status: In Good Standing

CONTACT

653 Utah Ave, Las Cruces, NM 88001

Samantha R. Barncastle

General Practice

Status: In Good Standing

CONTACT

Las Cruces, NM 88004

800-923-0641

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

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.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

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Radium Springs Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Bradley A. Springer

Karina Rocha

Bryan M. Gelecki

Robert Lara

Mick I. R. Gutierrez

Carlos E. Ruvalcaba-Trejo

Karl Rysted

Kathleen Black Reynolds

Richard B. Wellborn

Samantha R. Barncastle

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LEGAL TERMS

CCCS

CHAPTER 13 PLAN

PRESUMED ABUSE

HOUSEHOLDER

PREFERENCE

REAFFIRMATION

FRAUDULENT TRANSFER

NUISANCE FEES

BANKRUPTCY TRUSTEE

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