Taos County, NM Credit & Debt Lawyers, page 5

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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 Taos Credit & Debt lawyer.
Below are all Taos lawyers.

William Edward Nethery

General Practice

Status: Retired Licensed: 43 Years

CONTACT

421 Geronimo Lane, Taos, NM 87571

Gary M. Feuerman

Corporate, Landlord-Tenant, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

1405 Paseo Del Pueblo Norte, El Prado, NM 87529

Stephen Wayne Hanks

Personal Injury, Accident & Injury, Litigation

Status: In Good Standing Licensed: 51 Years

CONTACT

Arroyo Seco, NM 87514

Ronald E. Olsen

Children's Rights, Criminal, Federal, Family Law

Status: In Good Standing

CONTACT

105 Albright St, Taos, NM 87571

Ronald E. Olsen

Criminal, Landlord-Tenant, Family Law, Federal

Status: In Good Standing

CONTACT

105 Albright St, Taos, NM 87571

Robert F. Torres

General Practice

Status: Inactive

CONTACT

Taos, NM 87571

Mary Lane Leslie

Real Estate Other, Estate, Criminal, Business

Status: In Good Standing

CONTACT

Taos, NM 87571

Samuel M. Herrera

General Practice

Status: In Good Standing

CONTACT

Taos, NM 87571

Stephen W. Hanks

Insurance, Property Damage, Personal Injury, Accident & Injury

Status: In Good Standing

CONTACT

Arroyo Seco, NM 87514

Jeffrey Alan Shannon

General Practice

Status: In Good Standing

CONTACT

105 Albright St, Taos, NM 87571

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.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

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.

FCBA

See Fair Credit Billing Act.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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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Taos County, NM Credit & Debt Lawyers, page 5

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

William Edward Nethery

Gary M. Feuerman

Stephen Wayne Hanks

Ronald E. Olsen

Ronald E. Olsen

Robert F. Torres

Mary Lane Leslie

Samuel M. Herrera

Stephen W. Hanks

Jeffrey Alan Shannon

TIPS

LEGAL TERMS

MEANS TEST

CHAPTER 7 BANKRUPTCY

LIEN

UNDUE HARDSHIP

FCBA

HOUSEHOLDER

FRAUDULENT TRANSFER

COLLECTION AGENCY

REPOSSESSION

SAMPLE LEGAL CASES

Beams v. Rhine

Karpien v. Karpien

Bank of New York v. Romero

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