How to align JLabel-JTextField pairs vertically

Question

What I mean by a JLabel-JTextField pair is a JLabel component followed by a JTextField one, for example, \"Parameter 1: -----\" where \"-----\" denotes a blank JTextField.

Answer 1

Is there any way to align the JLabels vertically to their right, so that the starts of JTextFields that follow would be aligned?

1.6+, GroupLayout. E.G. from the JavaDocs:

Use the label alignment that pushes the text to the RHS.

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See also this answer for an MCVE.