Elephant Butte Reorganization 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 Elephant Butte Reorganization lawyer.
Below are all Elephant Butte lawyers.

Jaime F. Rubin

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Accident & Injury, Social Security, Workers' Compensation, Real Estate, Wills & Probate

Jaime Rubin is a practicing lawyer in the state of New Mexico.

FREE CONSULTATION

CONTACT

575-894-3031

314 Main Street, Truth or Consequences, NM 87901

Hilary Anne Noskin

Patent, State Government, Natural Resources, Corporate

Status: In Good Standing

CONTACT

Elephant Butte, NM 87935

Hilary A. Noskin

Patent, State Government, Natural Resources, Corporate

Status: In Good Standing

CONTACT

Elephant Butte, NM 87935

Anne E. Gibson

Commercial Real Estate, Public Schools, Family Law, Criminal

Status: In Good Standing

CONTACT

1502 N Date St, Truth Or Consequences, NM 87901

Virginia Louise Hicks

General Practice

Status: In Good Standing

CONTACT

1712 N Date St, Truth Or Consequences, NM 87901

Anne Elizabeth Gibson

Criminal, Divorce & Family Law, Civil & Human Rights, Family Law

Status: In Good Standing

CONTACT

420 Broadway, Truth or Consequences, NM 87901

Anthony F. Filosa

General Practice

Status: In Good Standing

CONTACT

Truth Or Consequences, NM 87901

Stephen Karl Kortemeier

General Practice

Status: Inactive Licensed: 39 Years

CONTACT

300 Austin St, Truth Or Consequences, NM 87901

Tara Lynne Edgmon

General Practice

Status: In Good Standing

CONTACT

855 Van Patten St, Truth Or Consequences, NM 87901

Mark A. Filosa

Landlord-Tenant, Mediation, Social Security, Family Law, Personal Injury

Status: In Good Standing

CONTACT

Truth Or Consequences, NM 87901

800-923-0641

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

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.

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.

GUARANTEED RESERVATION

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehic... (more...)

A hotel or rental car reservation secured by a credit card number. In exchange for your card number, the hotel or rental agency promises to have a room or vehicle for you no matter when you show up. If you have a guaranteed reservation with a hotel, it must provide you with a room, either at that hotel or at another comparable establishment. If you have a guaranteed reservation with a car agency, it must provide you with a vehicle. The downside of a guaranteed reservation is that if you don't show up and haven't cancelled your reservation, you will be billed for one night in the room or one day's use of the vehicle.

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.

LIQUIDATING PARTNER

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

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

Elephant Butte Reorganization Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Jaime F. Rubin

Hilary Anne Noskin

Hilary A. Noskin

Anne E. Gibson

Virginia Louise Hicks

Anne Elizabeth Gibson

Anthony F. Filosa

Stephen Karl Kortemeier

Tara Lynne Edgmon

Mark A. Filosa

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

UNDUE HARDSHIP

CURRENT MONTHLY INCOME

BANKRUPTCY

GUARANTEED RESERVATION

S CORPORATION

LIQUIDATING PARTNER

FRATERNAL BENEFIT SOCIETY BENEFITS

CCCS

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