Hobbs Reorganization Lawyer, New Mexico, page 4

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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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Not enough matches for Hobbs Reorganization lawyer.
Below are all Hobbs lawyers.

Tara M. Wood

General Practice

Status: In Good Standing

CONTACT

200 E Broadway St, Hobbs, NM 88240

Douglas William Vitt

Family Law, Children's Rights, Divorce & Family Law

Status: In Good Standing

CONTACT

2120 N Alto Dr, Hobbs, NM 88240

Joseph Mio Zebas

Litigation, Constitutional Law, Civil Rights, Insurance, Personal Injury

Status: In Good Standing

CONTACT

Hobbs, NM 88241

Kathleen A. Moran

General Practice

Status: In Good Standing

CONTACT

Hobbs, NM 88241

Scotty A. Holloman

Commercial Real Estate, Oil & Gas, Wills, Business & Trade, Corporate

Status: In Good Standing

CONTACT

Hobbs, NM 88241

Karli Sue Mcmurray

Divorce & Family Law

Status: In Good Standing

CONTACT

5021 N Turner St, Hobbs, NM 88240

Robert J. Laughlin

General Practice

Status: Inactive

CONTACT

Hobbs, NM 88241

Jerry Neil Williams

General Practice

Status: In Good Standing

CONTACT

Hobbs, NM 88241

Robert E. Richards

General Practice

Status: Deceased Licensed: 62 Years

CONTACT

Hobbs, NM 88241

Bruce A. Larsen

General Practice

Status: In Good Standing Licensed: 50 Years

CONTACT

Hobbs, NM 88241

800-923-0641

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LEGAL TERMS

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

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).

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.

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Hobbs Reorganization Lawyer, New Mexico, page 4

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Tara M. Wood

Douglas William Vitt

Joseph Mio Zebas

Kathleen A. Moran

Scotty A. Holloman

Karli Sue Mcmurray

Robert J. Laughlin

Jerry Neil Williams

Robert E. Richards

Bruce A. Larsen

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LEGAL TERMS

HOUSEHOLDER

LIMITED LIABILITY

DISPOSABLE INCOME

IRS EXPENSES

TOXIC TORT

BULK SALES LAW

COLLECTION AGENCY

CREDIT REPORT

MEANS TEST

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