Jemez 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
1. Contact
2. Email
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Andrea D. Steiling

Bankruptcy, Corporate

Status:

CONTACT

6709 Academy Rd NE Ste A, Albuquerque, NM 87109

Brett Steinbook

Business, Real Estate, Bankruptcy

Status:

CONTACT

7850 Jefferson N. E., Albuquerque, NM 87109

Dennis M Feld

Bankruptcy & Debt, Tax, Real Estate

Status:

CONTACT

4020 Peggy Rd, Rio Rancho, NM 87124

Alexandra Noel Lopez

Credit & Debt, Corporate, Commercial Real Estate, Bankruptcy

Status:

CONTACT

3200 Civic Center Cir Ne, Rio Rancho, NM 87144

Alison Endicott-Quinones

Divorce & Family Law, Children's Rights, Criminal, Bankruptcy & Debt, Securities Fraud

Status:

CONTACT

6301 4Th St Nw, Albuquerque, NM 87107

Andres A. Benavidez

Family Law, Criminal, Bankruptcy

Status:

CONTACT

7016 Marilyn Ave Ne, Albuquerque, NM 87109

Andrew Don Mills

Administrative Law, Credit & Debt, Personal Injury, Employee Rights

Status: Licensed: 29 Years

CONTACT

4317 Boone Ne, Albuquerque, NM 87109

Ann Depender Zeigler

Litigation, Bankruptcy, International Other

Status: Licensed: 41 Years

CONTACT

5222 College Heights Dr Nw, Albuquerque, NM 87120

Anne D. Goodman

Bankruptcy, Corporate, Litigation, Transactions

Status:

CONTACT

6709 Academy Rd Ne, Albuquerque, NM 87109

Anne D. Goodman

General Practice

Status:

CONTACT

Corrales, NM 87048

800-814-6700

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LEGAL TERMS

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

FCBA

See Fair Credit Billing Act.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

Jemez Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Andrea D. Steiling

Brett Steinbook

Dennis M Feld

Alexandra Noel Lopez

Alison Endicott-Quinones

Andres A. Benavidez

Andrew Don Mills

Ann Depender Zeigler

Anne D. Goodman

Anne D. Goodman

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LEGAL TERMS

MEANS TEST

S CORPORATION

REAFFIRMATION

BANKRUPTCY

IRS EXPENSES

ACCORD AND SATISFACTION

FCBA

AUTOMATIC STAY

CREDITOR

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