San Ildefonso Bankruptcy & Debt Lawyer, New Mexico, page 3

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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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Julia Beth Rose

Landlord-Tenant, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 43 Years

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Santa Fe, NM 87504

James Alexander Hall

Real Estate, Mediation, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 46 Years

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1220 Vallecita Dr, Santa Fe, NM 87501

Stefanie Beninato

Mediation, Clean Air Practice, Arbitration, Credit & Debt

Status: In Good Standing

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Santa Fe, NM 87504

R. Daniel Castille

Landlord-Tenant, Corporate, Credit & Debt, Bankruptcy

Status: In Good Standing

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Santa Fe, NM 87502

Jacqueline Ortiz

General Practice

Status: In Good Standing

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Santa Fe, NM 87504

Joshua David Schwartz

Gaming & Alcohol, Landlord-Tenant, Bankruptcy, Military & Veterans Appeals

Status: In Good Standing

CONTACT

Santa Fe, NM 87504

Mekko Mangas Miller

General Practice

Status: In Good Standing

CONTACT

2 Tunyo Po, Santa Fe, NM 87506

Bernard John Frimond

Bankruptcy & Debt

Status: Inactive Licensed: 45 Years

CONTACT

121 Candelario St, Santa Fe, NM 87501

Rebecca A. Mnuk

Landlord-Tenant, Public Law, Commercial Real Estate, Bankruptcy

Status: In Good Standing

CONTACT

301 N Guadalupe St, Santa Fe, NM 87501

Ethan D. Nissani

Real Estate, Divorce & Family Law, Litigation, Collection

Status: In Good Standing

CONTACT

301 N Guadalupe St, Santa Fe, NM 87501

800-923-0641

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LEGAL TERMS

FCBA

See Fair Credit Billing Act.

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.

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.

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.

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.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

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.

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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San Ildefonso Bankruptcy & Debt Lawyer, New Mexico, page 3

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Julia Beth Rose

James Alexander Hall

Stefanie Beninato

R. Daniel Castille

Jacqueline Ortiz

Joshua David Schwartz

Mekko Mangas Miller

Bernard John Frimond

Rebecca A. Mnuk

Ethan D. Nissani

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LEGAL TERMS

FCBA

NONDISCHARGEABLE DEBTS

FRAUDULENT TRANSFER

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

DEFINED CONTRIBUTION PLAN

FRATERNAL BENEFIT SOCIETY BENEFITS

PREFERENCE

SECURED DEBT

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