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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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Ben Andrew Mondragon

Credit & Debt, Federal Trial Practice, Criminal, Bankruptcy

Status: In Good Standing

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Pamela Judith Crane

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Dylan O'Reilly

Landlord-Tenant, Mediation, Corporate, Credit & Debt

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Stefanie Beninato

Mediation, Clean Air Practice, Arbitration, Credit & Debt

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R. Daniel Castille

Landlord-Tenant, Corporate, Credit & Debt, Bankruptcy

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Bruce Cullen Hallmark

Litigation, Credit & Debt, Commercial Real Estate, Clean Air Practice

Status: In Good Standing

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Nicholas S. Miller

Corporate, Landlord-Tenant, Credit & Debt, Bankruptcy

Status: In Good Standing

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Christopher M. Grimmer

Landlord-Tenant, Credit & Debt, Federal Trial Practice, Bankruptcy, Real Estate Other

Status: In Good Standing

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David P. Levin

Credit & Debt, Employee Rights, Family Law, Landlord-Tenant

Status: In Good Standing

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Richard J. Rubin

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

CONTACT

1300 Canyon Rd, Santa Fe, NM 87501

800-923-0641

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LEGAL TERMS

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

FCBA

See Fair Credit Billing Act.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

TRADE NAME

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

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

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San Jose Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Ben Andrew Mondragon

Pamela Judith Crane

Dylan O'Reilly

Stefanie Beninato

R. Daniel Castille

Bruce Cullen Hallmark

Nicholas S. Miller

Christopher M. Grimmer

David P. Levin

Richard J. Rubin

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LEGAL TERMS

PRESUMED ABUSE

FCBA

SUBROGATION

NUISANCE FEES

TRADE NAME

CURRENT MONTHLY INCOME

CHAPTER 7 BANKRUPTCY

SETOFF

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

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