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

Albert W. Schimmel

Litigation, Estate, Bankruptcy

Status: In Good Standing

CONTACT

320 Gold Ave. SW, Albuquerque, NM 87103

Aletheia Vadin Pamela Allen

Corporate, Credit & Debt, Bankruptcy, Business & Trade

Status: In Good Standing

CONTACT

201 3Rd St Nw, Albuquerque, NM 87102

Alfred Matthew Sanchez

Divorce & Family Law, Credit & Debt, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing

CONTACT

400 Gold Ave Sw, Albuquerque, NM 87102

Alice Nystel Page

Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

Albuquerque, NM 87103

Alice Nystel Page

Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

Albuquerque, NM 87103

Allison L. Biles

Bankruptcy, Employee Rights, Health Care Other, Litigation

Status: In Good Standing

CONTACT

Albuquerque, NM 87103

Andrea Harris

Civil Rights, Bankruptcy, Personal Injury, Car Accident, Accident & Injury

Status: In Good Standing

CONTACT

8012 Pennsylvania Cir Ne, Albuquerque, NM 87110

Andrew P. Yarrington

Consumer Rights, Bankruptcy & Debt, Bankruptcy, Collection

Status: In Good Standing

CONTACT

20 First Plaza Ctr Nw, Albuquerque, NM 87102

Anita Andree Aguado Letter

General Practice

Status: In Good Standing

CONTACT

Albuquerque, NM 87199

Anita Holly Reina

General Practice

Status: In Good Standing

CONTACT

447 Avital Dr Ne, Albuquerque, NM 87123

800-923-0641

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LEGAL TERMS

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

CREDIT COUNSELING

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Unde... (more...)

Counseling that explores the possibility of repaying debts outside of bankruptcy and educates the debtor about credit, budgeting, and financial management. Under the new bankruptcy law, a debtor must undergo credit counseling with an approved provider before filing for bankruptcy.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

FDCPA

See Fair Debt Collections & Practices Act.

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.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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

Albert W. Schimmel

Aletheia Vadin Pamela Allen

Alfred Matthew Sanchez

Alice Nystel Page

Alice Nystel Page

Allison L. Biles

Andrea Harris

Andrew P. Yarrington

Anita Andree Aguado Letter

Anita Holly Reina

TIPS

LEGAL TERMS

FRAUDULENT TRANSFER

CHAPTER 7 BANKRUPTCY

TRADE NAME

DISPOSABLE INCOME

CREDIT COUNSELING

DISCHARGEABLE DEBTS

FDCPA

SUBROGATION

PREFERENCE

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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