Jamestown 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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Not enough matches for Jamestown Credit & Debt lawyer.
Below are all Jamestown lawyers.

Jean S. Philips

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

Joel R. Jasperse

General Practice

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 Licensed: 34 Years

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

CONTACT

Gallup, NM 87305

Marcella King

Federal, Employee Rights, DUI-DWI, Family Law

Status: In Good Standing

CONTACT

Gallup, NM 87375

R. Linda Riley James

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

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.

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.

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).

COLLATERAL

Property that guarantees payment of a secured debt.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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.

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.

LIQUIDATING PARTNER

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

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

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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Jamestown Credit & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Jean S. Philips

Douglas William Fowles

Joel R. Jasperse

David R Jordan

Douglas W Decker

David R. Jordan

Douglas W. Decker

Marcella King

R. Linda Riley James

Kandis Martine

TIPS

LEGAL TERMS

FORBEARANCE

WORKOUT

CREDIT REPORT

COLLATERAL

MEETING OF CREDITORS

LIMITED LIABILITY

TRUTH IN LENDING ACT (TILA)

LIQUIDATING PARTNER

REDEMPTION

SAMPLE LEGAL CASES

Beams v. Rhine

Karpien v. Karpien

Bank of New York v. Romero

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