New Mexico Bankruptcy

On this page, you will find information and resources for New Mexico bankruptcy.

If you are not looking for information regarding New Mexico, please use the links on the left to find information for your state.

New Mexico Bankruptcy Courts - Location and Contact Information

Following is the address and telephone number for the New Mexico bankruptcy court:

U.S. Bankruptcy Court
Dennis Chavez Federal Building
500 Gold Avenue SW
Tenth Floor
Albuquerque, NM 87102
U.S. Bankruptcy Court
PO Box 546
Albuquerque, NM 87103-0546
(505) 348-2500 or
(866) 291-6805

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New Mexico Bankruptcy Laws and Exemptions

New Mexico Exemptions

The U.S. Bankruptcy Code allows individual debtors to exempt certain property from creditor claims based on exemptions under either federal law or state law. Exemptions vary from state to state. Some states have adopted their own set of bankruptcy exemptions that are used in place of the federal exemptions. However, other states give debtors an option to choose between either state or federal exemptions.

New Mexico bankruptcy law allows residents to use either the federal set of exemptions or state exemptions.


Click here for some common bankruptcy exemptions pursuant to New Mexico state law.

Contact a New Mexico bankruptcy lawyer for more information regarding New Mexico bankruptcy exemptions.

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New Mexico Means Test

The new bankruptcy laws enacted in 2005 also require that debtors pass a means test before filing a Chapter 7 bankruptcy. There are two ways to pass the means test:

1. the debtor's annual income (calculated using the average gross income for the six month period prior to filing) must be below the state median. Census Bureau statistics for state median income by family size can be found here (for cases filed between April 1, 2013 and April 30, 2013).

2. If income exceeds the median income, individuals may still file Chapter 7 bankruptcy based on results of Form 22A: Chapter 7 Statement of Current Monthly Income and Means-Test Calculation. .

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New Mexico Credit Counseling and Debtor Education Agencies

Pursuant to the new bankruptcy laws enacted in 2005, individuals who file personal bankruptcy (with limited exceptions) in New Mexico must:

1. take a credit counseling course from an approved New Mexico credit counseling provider within six months before filing bankruptcy; and

2. complete a debtor education course from an approved New Mexico debtor education agency prior to receiving a bankruptcy discharge.

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New Mexico Personal Bankruptcy Attorneys

To find New Mexico bankruptcy lawyers in your area, you may want to contact your local bar association or the State Bar of New Mexico:

State Bar of New Mexico
5121 Masthead NE
Albuquerque, NM 87109
(505) 797-6000

Based on income, free bankruptcy advice and representation may also be obtained from the following organizations: See the New Mexico Bar Association's website for information, including free consumer debt workshops sponsored by the bar.

If you are concerned about the representation provided to you by a New Mexico bankruptcy attorney, contact the New Mexico Disciplinary Board.

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Resources for New Mexico Bankruptcy Laws

U.S. Bankruptcy Court for the District of New Mexico - administrative and procedural information for New Mexico bankruptcy filings

Office of the U.S. Trustee for Region 20 - oversees the administration of New Mexico personal bankruptcy cases and case trustees

State Bar of New Mexico - information about the New Mexico bar, membership, ethics, continuing legal education, and resources for the public.

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