Filing Bankruptcy In New Mexico
The Affordable Law, PC, office is an experienced bankruptcy firm based in Albuquerque, New Mexico. If you are facing bankruptcy, it is very important to have an attorney help you through this complex process. Call us at 505-633-8723 to schedule a free confidential with a caring attorney.
Bankruptcy filings are done in the federal bankruptcy system. However, there are numerous local rules and statutes, unique to New Mexico, which must be followed. We are very familiar with bankruptcy practice in the local bankruptcy courts and are confident that we can help you achieve peace of mind and move ahead with a fresh start.
Keeping Your Property
In order for you to have a fresh start, we want to help you keep as much of your existing property as possible. If you own a home, a car or have retirement savings, keeping them after the bankruptcy is over, is a top priority. If you are facing auto repossession or need foreclosure defense, attorney Matthew Gandert can help.
It is generally possible under the bankruptcy laws to completely discharge your debt or to negotiate a payment plan with creditors. Which option applies to you is something that we will determine based upon your individual goals and financial situation. Often the choice — and your eligibility — is governed by the laws and depends upon the assets and liabilities you have.
Chapter 7 Or Chapter 13
Filing bankruptcy in Albuquerque is available to a debtor under the U.S. Bankruptcy Code. Most personal filings are made under provisions known as Chapter 7 or Chapter 13. We will discuss these options with you after we meet with you to understand the unique facts of your case.
Preventing Harassment By Creditors
We can also help stop the calls and harassment by your creditors once your case is filed. The bankruptcy laws provide for something called an automatic stay that protects you once you file.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.