Bernalillo County, NM Credit & Debt Lawyers, page 2

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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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Donald F. Harris

Family Law, Insurance, Credit & Debt, Personal Injury

Status: In Good Standing

CONTACT

320 Gold Ave Sw, Albuquerque, NM 87102

Justin Sawyer

Civil Rights, Litigation, Credit & Debt, Business

Status: In Good Standing

CONTACT

Albuquerque, NM 87125

Jeffrey D. Johnson

Credit & Debt, Clean Air Practice, Wills, Dispute Resolution

Status: In Good Standing

CONTACT

5612 Cometa Ct Ne, Albuquerque, NM 87111

M. Dylan O'Reilly

Banking & Finance, Bankruptcy, Real Estate, Credit & Debt

Status: In Good Standing

CONTACT

500 Marquette Avenue, N.W., Albuquerque, NM 87125

Ben Davis

Insurance, Credit & Debt, Personal Injury, Labor Law

Status: In Good Standing

CONTACT

127 Bryn Mawr Dr SE, Albuquerque, NM 87106

Rebecca Claire Branch

Credit & Debt, Bankruptcy, Consumer Bankruptcy, Life & Health

Status: In Good Standing

CONTACT

800 Bradbury Dr Se, Albuquerque, NM 87106

George M. Moore

Credit & Debt, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1122 Central Ave Sw, Albuquerque, NM 87102

Donald Provencio

Credit & Debt, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

Albuquerque, NM 87176

James C. Jacobsen

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: In Good Standing

CONTACT

201 3Rd St Nw, Albuquerque, NM 87102

Samuel I. Roybal

Credit & Debt, Bankruptcy, Consumer Bankruptcy, Corporate

Status: In Good Standing

CONTACT

500 Marquette Ave Nw, Albuquerque, NM 87102

800-923-0641

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LEGAL TERMS

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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.

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.

FAIR CREDIT BILLING ACT (FCBA)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days af... (more...)

A federal law that gives you rights when an error occurs on your credit card statement. You must notify the credit card company of the mistake within 60 days after it mailed the bill to you. The company must then correct the mistake, or at least acknowledge receipt of your letter within 30 days, and must correct the error within 90 days or explain why it believes the credit card statement is correct.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

CCCS

See Consumer Credit Counseling Service.

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.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

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.

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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Bernalillo County, NM Credit & Debt Lawyers, page 2

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Donald F. Harris

Justin Sawyer

Jeffrey D. Johnson

M. Dylan O'Reilly

Ben Davis

Rebecca Claire Branch

George M. Moore

Donald Provencio

James C. Jacobsen

Samuel I. Roybal

TIPS

LEGAL TERMS

GENERAL PARTNER

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

HOUSEHOLDER

FAIR CREDIT BILLING ACT (FCBA)

DEBIT CARD

CCCS

REPOSSESSION

PRIORITY DEBT

LIMITED LIABILITY

SAMPLE LEGAL CASES

Beams v. Rhine

Karpien v. Karpien

Bank of New York v. Romero

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