Artesia Workout 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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2. Email
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Not enough matches for Artesia Workout lawyer.
Below are all Artesia lawyers.

Joel McElroy Carson

Landlord-Tenant, Commercial Real Estate

Status: In Good Standing

CONTACT

Artesia, NM 88211

Frank J. Connelly

General Practice

Status: Deceased Licensed: 37 Years

CONTACT

1300 W Richey Ave, Artesia, NM 88210

James G. Wilson

Products Liability, State Government, Civil Rights, Employee Rights

Status: In Good Standing

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Jeffrey L. Bowman

Oil & Gas, Wills, Business & Trade, Corporate

Status: In Good Standing

CONTACT

611 W Mahone Dr, Artesia, NM 88210

Adam Hartley Greenwood

Corporate, Credit & Debt, Natural Resources, Personal Injury

Status: In Good Standing

CONTACT

1300 W Richey Ave, Artesia, NM 88210

Sheila L. Garcia

General Practice

Status: In Good Standing

CONTACT

Artesia, NM 88211

Viola Rhodes

Criminal

Status: In Good Standing

CONTACT

Artesia, NM 88211

David R. Vandiver

Landlord-Tenant, Estate Planning, Natural Resources, Family Law

Status: In Good Standing

CONTACT

611 W Mahone Dr, Artesia, NM 88210

Ernest L. Carroll

General Practice

Status: Inactive Licensed: 44 Years

CONTACT

105 South Fourth Street, Artesia, NM 88210

George A. Graham

General Practice

Status: Deceased Licensed: 67 Years

CONTACT

701 S 18Th St, Artesia, NM 88210

800-923-0641

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LEGAL TERMS

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a 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.

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.

LIQUIDATING PARTNER

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

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

Artesia Workout Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Joel McElroy Carson

Frank J. Connelly

James G. Wilson

Jeffrey L. Bowman

Adam Hartley Greenwood

Sheila L. Garcia

Viola Rhodes

David R. Vandiver

Ernest L. Carroll

George A. Graham

TIPS

LEGAL TERMS

WINDING UP

BANKRUPTCY

ACCORD AND SATISFACTION

LIABILITY

401(K) PLAN

MEETING OF CREDITORS

LIQUIDATING PARTNER

REAFFIRMATION

FCBA

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