Tijeras 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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Andrea D. Steiling

Bankruptcy, Corporate

Status: In Good Standing

CONTACT

6709 Academy Rd NE Ste A, Albuquerque, NM 87109

Anne D. Goodman

Bankruptcy, Corporate, Litigation, Transactions

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

Bankruptcy & Debt, Tax, Real Estate

Status: In Good Standing

CONTACT

4020 Peggy Rd, Rio Rancho, NM 87124

Mary Elizabeth Dickman

Construction, Consumer Protection, Contract, Credit & Debt

Status: In Good Standing

CONTACT

707 Broadway N. E., Albuquerque, NM 87125

A. Blair Dunn

Corporate, Credit & Debt, Natural Resources, Products Liability

Status: In Good Standing

CONTACT

400 Gold Ave Sw, Albuquerque, NM 87102

Agnes Fuentevilla Padilla

Employee Rights, Employment, Constitutional Law, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Albuquerque, NM 87190

Albert W. Schimmel

Litigation, Estate, Bankruptcy

Status: In Good Standing

CONTACT

320 Gold Ave. SW, Albuquerque, NM 87103

Aletheia Vadin Pamela Allen

Corporate, Credit & Debt, Bankruptcy, Business & Trade

Status: In Good Standing

CONTACT

201 3Rd St Nw, Albuquerque, NM 87102

Alfred Matthew Sanchez

Divorce & Family Law, Credit & Debt, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

400 Gold Ave Sw, Albuquerque, NM 87102

800-923-0641

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800-943-8690

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

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.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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Tijeras Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Andrea D. Steiling

Anne D. Goodman

Brett Steinbook

Dennis M Feld

Mary Elizabeth Dickman

A. Blair Dunn

Agnes Fuentevilla Padilla

Albert W. Schimmel

Aletheia Vadin Pamela Allen

Alfred Matthew Sanchez

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LEGAL TERMS

LIQUIDATING PARTNER

SETOFF

ABUSE

UNDUE HARDSHIP

GUARANTEED RESERVATION

WORKOUT

LIMITED LIABILITY

CREDIT INSURANCE

PRIORITY DEBT

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