Means Test Calculators and Bankruptcy Information for New Mexico

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New Mexico Bankruptcy Info

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New Mexico Bankruptcy Information

Albuquerque  .  Las Cruces  .  Roswell  . 

New Mexico Median Income Standards

 

New Mexico Bankruptcy Exemptions

New Mexico Homestead

$60,000 (joint owners may double)

Vehicle

Motor vehicle to $4,000

Wages

Minimum 75% of disposable earnings or 40 times the federal hourly minimum wage, whichever is more; bankruptcy judge may authorize more for low-income debtors

Personal property & Tools of Trade

Books & furniture
Building materials
Clothing
Jewelry to $2,500
Materials, tools & machinery to dig, drill, complete, operate, or repair oil line, gas well, or pipeline
Tools of trade $1,500

WildCard

$500 of any personal property

More info About __ Bankrutpcy Exemptions including citations.

New Mexico Bankruptcy Courts

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