Sandia Park Bankruptcy 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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2. Email
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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Anne D. Goodman

Bankruptcy, Corporate, Litigation, Transactions

Status: In Good Standing

CONTACT

6709 Academy Rd NE Ste A, Albuquerque, NM 87109

Andrea D. Steiling

Bankruptcy, Corporate

Status: In Good Standing

CONTACT

6709 Academy Rd NE Ste A, Albuquerque, NM 87109

Brett Steinbook

Business, Real Estate, Bankruptcy

Status: In Good Standing

CONTACT

7850 Jefferson N. E., Albuquerque, NM 87109

Dennis M. Feld

Estate Planning, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

Placitas, NM 87043

Nephi Hardman

Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

9400 Holly Ave NE, Albuquerque, NM 87122

Yvette J. Gonzales

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

CONTACT

Placitas, NM 87043

Miriam Sutherland

Administrative Law, Bankruptcy, Environmental Law Other, Personal Injury

Status: In Good Standing

CONTACT

3112 Palo Alto Dr Ne, Albuquerque, NM 87111

Denise J. Trujillo

Credit & Debt, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

10400 Academy Rd Ne, Albuquerque, NM 87111

Marion Davidson

Tax, Commercial Bankruptcy, Residential Real Estate, Business & Trade

Status: In Good Standing Licensed: 52 Years

CONTACT

Star Route, Placitas, NM 87043

Peter G. Tasso

General Practice

Status: In Good Standing

CONTACT

13223 Emery Point Avenue N.E., Albuquerque, NM 87111

800-923-0641

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LEGAL TERMS

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.

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.

FCBA

See Fair Credit Billing Act.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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.

FCRA

See Fair Credit Reporting Act.

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

... The record reveals that Plaintiffs pursued their claim for nearly a year before SE filed for bankruptcy in federal court on June 27, 2003 and notified the district court of the bankruptcy action on July 8, 2003. Rhodes & Salmon, PC ...

Dooley v. QUIET TITLE COMPANY, LLC

... On March 14, 2011, a notice of automatic stay was filed in this Court, notifying the Court that Defendant Quiet Title Company, LLC had filed a petition for bankruptcy in the United States Bankruptcy Court. On July 20, 2011, this ...

Dickey v. GENERAL GROWTH PROPERTIES, INC.

... [RP 173] Defendants filed for bankruptcy, and an automatic stay of the present action was entered in April 2009. [RP 178] The stay was lifted in November 2010. ... [RP 173-74] And shortly after that, Defendants filed for bankruptcy, staying the case for over a year and a half. ...

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Sandia Park Bankruptcy Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Anne D. Goodman

Andrea D. Steiling

Brett Steinbook

Dennis M. Feld

Nephi Hardman

Yvette J. Gonzales

Miriam Sutherland

Denise J. Trujillo

Marion Davidson

Peter G. Tasso

TIPS

LEGAL TERMS

CHAPTER 13 PLAN

FRAUDULENT TRANSFER

FCBA

CREDIT BUREAU

C CORPORATION

SETOFF

GUARANTOR

CHAPTER 7 BANKRUPTCY

FCRA

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

Dooley v. QUIET TITLE COMPANY, LLC

Dickey v. GENERAL GROWTH PROPERTIES, INC.

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