Taos Ski Valley 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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Not enough matches for Taos Ski Valley Bankruptcy & Debt lawyer.
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Kathryn Hardy

Federal, Employee Rights, Criminal, Civil Rights

Status: In Good Standing

CONTACT

224 Cruz Alta Rd, Taos, NM 87571

Erik Schlenker-Goodrich

Transportation & Shipping, Natural Resources, Environmental Law Other, Public Law

Status: In Good Standing

CONTACT

208 Paseo Del Pueblo Sur, Taos, NM 87571

Kelan Emery

Commercial Real Estate, Corporate, Family Law, Estate Planning

Status: In Good Standing

CONTACT

309 Salazar Rd, Taos, NM 87571

Justin Bancroft Lea

Real Estate, Industry Specialties, Criminal, Business

Status: In Good Standing

CONTACT

224 Cruz Alta, Taos, NM 87571

Justin B. Lea

Immigration, Employee Rights, Child Custody, Criminal

Status: In Good Standing

CONTACT

224 Cruz Alta, Taos, NM 87571

Julia Lacy Armstrong

Commercial Real Estate, Litigation, State Appellate Practice, Business & Trade, Constitutional Law

Status: In Good Standing

CONTACT

218 Beimer St, Taos, NM 87571

Roy L. Armstrong

Commercial Real Estate, Litigation, Gift Taxation, Administrative Law

Status: In Good Standing

CONTACT

218 Beimer St, Taos, NM 87571

Barbara Breneman Toth

General Practice

Status: In Good Standing

CONTACT

224 Cruz Alta Rd, Taos, NM 87571

Kathryn Jane Hardy

Federal, Employee Rights, Criminal, Civil Rights

Status: In Good Standing

CONTACT

Taos, NM 87571

Kaitlyn Luck

Insurance, Property Damage, Personal Injury, Criminal

Status: In Good Standing

CONTACT

105 Albright St, Taos, NM 87571

800-923-0641

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LEGAL TERMS

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

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.

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.

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.

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

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.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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Taos Ski Valley Bankruptcy & Debt Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Kathryn Hardy

Erik Schlenker-Goodrich

Kelan Emery

Justin Bancroft Lea

Justin B. Lea

Julia Lacy Armstrong

Roy L. Armstrong

Barbara Breneman Toth

Kathryn Jane Hardy

Kaitlyn Luck

TIPS

LEGAL TERMS

LIMITED PARTNERSHIP

401(K) PLAN

TOXIC TORT

SECURED DEBT

COLLECTION AGENCY

ADMINISTRATIVE EXPENSES

S CORPORATION

INTEREST

GUARANTOR

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