How To File Bankruptcy
Bankruptcy is a Federal Law, but each court has its own local rules also. Find out what you need to know to get started.
- Bankruptcy:
- 1. Sandia Park, NM Local Resources
- 2. Understanding Bankruptcy in New Mexico
- 3. How To File Bankruptcy
- 4. New Mexico District Bankruptcy Court Info
- 5. Bankruptcy Forms
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6. Means Test Calculator
Income & Expenses - 7. Debts & Dischargeability
- 8. Student Loans
- 9. Property, Exemptions & Liens
- 10. Bankruptcy Lawyers & Other Help
- 11. Consumer Protection Laws
- 12. Bankruptcy News
How Much Does It Cost to File for Bankruptcy in New Mexico?
Tips for keeping bankruptcy costs down, from court filing fees to mandatory counseling costs to getting legal help.
New Mexico Bankruptcy FAQ
Your common questions about bankruptcy answered. Who is it for? How does it work? Do I qualify? Can I keep my car? My house?
Working With the Bankruptcy Trustee
Filing for Chapter 7 bankruptcy means that you'll be dealing with a "bankruptcy trustee" who will be assigned to handle your case. The trustee's job is to gather all non-exempt property you own into the "bankruptcy estate" to determine what (if anything) can be sold and the proceeds distributed to your unsecured creditors. In most cases, there's nothing left — "no-asset" cases make up more than 90% of consumer chapter 7 cases — but the trustee will be looking.