Peralta Bankruptcy 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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Includes: Bankruptcy Litigation, Commercial Bankruptcy, Consumer Bankruptcy, Dissolution

Steven J. Clark

Social Security, Elder Law, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

Peralta, NM 87042

Brandon J. Burgess

Workers' Compensation, Credit & Debt, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

2120 Camino De Chavez Rd, Peralta, NM 87068

Laura Boyett

Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

CONTACT

2 Elaine Drive, Los Chavez, NM 87002

Simone Seiler

Foreclosure, Bankruptcy, Patent, Business

Status: In Good Standing

CONTACT

Tome, NM 87060

Patricia D. Webb

Credit & Debt, Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

CONTACT

1352 Wagon Train Drive Se, Albuquerque, NM 87123

Mark D. Regazzi

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

Status: In Good Standing

CONTACT

2501 Yale Blvd SE, Albuquerque, NM 87106

Steve H. Mazer

Employment, Children's Rights, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

2501 Yale Blvd SE, Albuquerque, NM 87106

Anthony J. Ayala

Federal, Criminal, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

601 Parkside Pl Se, Albuquerque, NM 87123

Karen Blomberg Grabeklis

Credit & Debt, Bankruptcy, Consumer Bankruptcy

Status: Inactive

CONTACT

13170 Central Ave Se, Albuquerque, NM 87123

Marvin H. Gladstone

Visa, Bankruptcy

Status: In Good Standing Licensed: 39 Years

CONTACT

429 Montclaire Dr Se, Albuquerque, NM 87108

800-923-0641

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LEGAL TERMS

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.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

CREDIT FILE

See credit report.

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.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

... The record reveals that Plaintiffs pursued their claim for nearly a year before SE filed for bankruptcy in federal court on June 27, 2003 and notified the district court of the bankruptcy action on July 8, 2003. Rhodes & Salmon, PC ...

Dooley v. QUIET TITLE COMPANY, LLC

... On March 14, 2011, a notice of automatic stay was filed in this Court, notifying the Court that Defendant Quiet Title Company, LLC had filed a petition for bankruptcy in the United States Bankruptcy Court. On July 20, 2011, this ...

Dickey v. GENERAL GROWTH PROPERTIES, INC.

... [RP 173] Defendants filed for bankruptcy, and an automatic stay of the present action was entered in April 2009. [RP 178] The stay was lifted in November 2010. ... [RP 173-74] And shortly after that, Defendants filed for bankruptcy, staying the case for over a year and a half. ...

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Peralta Bankruptcy Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Steven J. Clark

Brandon J. Burgess

Laura Boyett

Simone Seiler

Patricia D. Webb

Mark D. Regazzi

Steve H. Mazer

Anthony J. Ayala

Karen Blomberg Grabeklis

Marvin H. Gladstone

TIPS

LEGAL TERMS

COLLECTION AGENCY

CREDIT BUREAU

C CORPORATION

REDEMPTION

SUBROGATION

CREDIT FILE

LIMITED PARTNERSHIP

ACCORD AND SATISFACTION

CREDIT INSURANCE

SAMPLE LEGAL CASES

Summit Elec. Supply Co. v. RHODES & SALMON

Dooley v. QUIET TITLE COMPANY, LLC

Dickey v. GENERAL GROWTH PROPERTIES, INC.

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