Sheep Springs 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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2. Email
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Forrest G Buffington

Accident & Injury, Medical Malpractice, Personal Injury

Status: In Good Standing Licensed: 46 Years

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26 Highway 264, Yatahey, NM 87375

Forrest G. Buffington

Wrongful Death, Personal Injury, Medical Malpractice

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P.O. Box 3830, Shiprock, NM 87420

Richard T. Tully

Natural Resources, Pension & Benefits, Bankruptcy, Personal Injury

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Farmington, NM 87499

Arlon L Stoker

Mass Torts, DUI-DWI, Criminal, Civil Rights, Personal Injury

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Farmington, NM 87499

Bradford J. Dalley

General Practice

Status: In Good Standing

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851 Andrea Dr, Farmington, NM 87401

Brenna Lynn Clani-Washinawatok

Products Liability, State Government, Government, Family Law

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851 Andrea Dr, Farmington, NM 87401

Carly Marcella Foreback

General Practice

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Farmington, NM 87499

Cassie M. Fleming

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Crownpoint, NM 87313

Cindy L. Gray

General Practice

Status: In Good Standing

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851 Andrea Drive, Farmington, NM 87401

Derrick J. Burbank

Gaming & Alcohol, Landlord-Tenant, Family Law, Indians & Native Populations

Status: In Good Standing

CONTACT

Shiprock, NM 87420

800-923-0641

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LEGAL TERMS

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

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.

LOSS DAMAGE WAIVER (LDW)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it ofte... (more...)

Rental car insurance that makes the rental car company responsible for damage to or theft of a rental car. This insurance is a major consumer ripoff, as it often duplicates coverage provided by the renter's regular car insurance and/or the credit card she uses to rent the car. Nevertheless, hard-sell practices by rental car agents often dupe people into buying LDWs they don't really need. LDW is also called 'collision damage waiver.'

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

FCBA

See Fair Credit Billing Act.

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.

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.

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.

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Sheep Springs Reorganization Lawyer, New Mexico

Sponsored Law Firm

Litty Law Group, P.C.

SPONSORED LAWYERS

Forrest G Buffington

Forrest G. Buffington

Richard T. Tully

Arlon L Stoker

Bradford J. Dalley

Brenna Lynn Clani-Washinawatok

Carly Marcella Foreback

Cassie M. Fleming

Cindy L. Gray

Derrick J. Burbank

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LEGAL TERMS

UNSECURED DEBT

PRESUMED ABUSE

DISCHARGEABLE DEBTS

LOSS DAMAGE WAIVER (LDW)

NO-FAULT INSURANCE

FCBA

CHAPTER 7 BANKRUPTCY

REDEMPTION

DISPOSABLE INCOME

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