Bernalillo Credit & 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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Terrill L. Muller

Government, Credit & Debt, Family Law, Indians & Native Populations

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CONTACT

P.O. Box 817, Bernalillo, NM 87004

Walter Merrill Lowney

Credit & Debt, Bankruptcy, Consumer Bankruptcy

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CONTACT

10320 Cottonwood Park NW, Albuquerque, NM 87114

Jason Collis Bousliman

Insurance, Landlord-Tenant, Credit & Debt, Property Damage, Construction

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6501 Eagle Rock Ave Ne, Albuquerque, NM 87113

Yvette J. Gonzales

Credit & Debt, Bankruptcy, Consumer Bankruptcy

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Placitas, NM 87043

Kathleen M. Wilson

Real Estate, Employment, Banking & Finance, Credit & Debt

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7601 Jefferson Street NE, Albuquerque, NM 87109

Nathaniel E. Butters

Family Law, Insurance, Credit & Debt, Property Damage, Antitrust

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CONTACT

7355 Sidewinder Dr Ne, Albuquerque, NM 87113

Jennifer L. Isom

Credit & Debt, Bankruptcy, Commercial Real Estate

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CONTACT

6501 Eagle Rock Ave Ne, Albuquerque, NM 87113

Christopher M. Gatton

Patent, Entertainment, Corporate, Credit & Debt

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CONTACT

10400 Academy Rd Ne, Albuquerque, NM 87111

Verily Stevenson

Credit & Debt, Consumer Bankruptcy, Bankruptcy

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CONTACT

7430 Washington St Ne, Albuquerque, NM 87109

George D. Giddens

Landlord-Tenant, Mediation, Corporate, Credit & Debt

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CONTACT

10400 Academy Rd Ne, Albuquerque, NM 87111

800-814-6700

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LEGAL TERMS

CCCS

See Consumer Credit Counseling Service.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

FDCPA

See Fair Debt Collections & Practices Act.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

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.

SAMPLE LEGAL CASES

Beams v. Rhine

... He alleges that Rhine used the money obtained from the line of credit to pay off premarital credit card debt and to make mortgage payments on another home in Arizona that Rhine purchased before the marriage and was her separate property. ...

Karpien v. Karpien

... That community debt included the balance owed on two mortgages on the home, credit card debt, certain medical bills, and repatriation and funeral expenses that were incurred after Wife's death and paid by Parents. Husband appeals the order of the district court. II. ...

Bank of New York v. Romero

... In early 2006, the Romeros were behind on the New Century loan, which had an estimated payoff of $176,450.08, and were in debt on credit card and other loan obligations. ... (Equity One) for $227,240 that repaid their existing home loan, credit card debt, and other obligations. ...

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Bernalillo Credit & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Terrill L. Muller

Walter Merrill Lowney

Jason Collis Bousliman

Yvette J. Gonzales

Kathleen M. Wilson

Nathaniel E. Butters

Jennifer L. Isom

Christopher M. Gatton

Verily Stevenson

George D. Giddens

TIPS

LEGAL TERMS

CCCS

REPOSSESSION

UNSECURED DEBT

FDCPA

IRS EXPENSES

TRUTH IN LENDING ACT (TILA)

TRADE DRESS

FORBEARANCE

C CORPORATION

SAMPLE LEGAL CASES

Beams v. Rhine

Karpien v. Karpien

Bank of New York v. Romero

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