Continental Divide 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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2. Email
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Not enough matches for Continental Divide Bankruptcy & Debt lawyer.
Below are all Continental Divide lawyers.

Jean S. Philips

General Practice

Status: In Good Standing

CONTACT

Gallup, NM 87305

Joel R. Jasperse

General Practice

Status: In Good Standing

CONTACT

Gallup, NM 87305

Douglas William Fowles

Landlord-Tenant, Estate Planning, Employee Rights, Corporate

Status: In Good Standing

CONTACT

Gallup, NM 87305

David R Jordan

Gaming & Alcohol, Employee Rights, Criminal, Personal Injury

Status: In Good Standing Licensed: 33 Years

CONTACT

1995 State Road, Gallup, NM 87301

Douglas W. Decker

General Practice

Status: In Good Standing

CONTACT

Gallup, NM 87305

David R. Jordan

Gaming & Alcohol, Employee Rights, Criminal, Personal Injury

Status: In Good Standing

CONTACT

1995 State Road, Gallup, NM 87301

Douglas W Decker

General Practice

Status: In Good Standing Licensed: 34 Years

CONTACT

Gallup, NM 87305

Marcella King

Federal, Employee Rights, DUI-DWI, Family Law

Status: In Good Standing

CONTACT

Gallup, NM 87375

Kerry M. Comiskey

General Practice

Status: In Good Standing

CONTACT

Gallup, NM 87305

Kandis Martine

Employment Discrimination, Federal, Indians & Native Populations

Status: In Good Standing Licensed: 26 Years

CONTACT

2505 Baca Ct, Gallup, NM 87301

800-923-0641

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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.

CREDIT FILE

See credit report.

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.

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.

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.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a 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.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Continental Divide Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Jean S. Philips

Joel R. Jasperse

Douglas William Fowles

David R Jordan

Douglas W. Decker

David R. Jordan

Douglas W Decker

Marcella King

Kerry M. Comiskey

Kandis Martine

TIPS

LEGAL TERMS

MEANS TEST

CREDIT FILE

UNDUE HARDSHIP

PRIORITY DEBT

SECURED DEBT

TRADE NAME

CREDIT REPORT

S CORPORATION

WINDING UP

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