If you’re struggling with debt in New Mexico, you’re not alone. As of October, 2015, New Mexico has the second-highest unemployment rate in the country. Getting out of debt is hard enough when jobs are readily available. Trying to turn your finances around in a bad economy may have you feeling like you’ll never get ahead. Our bankruptcy lawyers understand, and want to make it as easy as possible for you to get the help you need. That’s why we’re offering free, online consultations. Get the information that will empower your next steps without ever leaving home.
New Mexico residents are carrying an average of $4,920 in credit card debt. If it seems that you keep making payments and your balances barely change, or you’re juggling payments and watching late fees mount on one account or another, it’s time to consider your options. Many people in New Mexico have been able to completely eliminate credit card debt through Chapter 7 bankruptcy. In fact, Americans discharge about $20 billion in credit card debt each year. If you’re struggling to make credit card payments and can’t see a way out, schedule a free online consultation today.Read more →
Many debt collectors hope that you don’t know the law or understand your rights—it makes their job easier. But, the fact that you’ve fallen behind on your bills doesn’t mean that it’s okay to harass or deceive you. The federal Fair Debt Collection Practices Act (FDCPA) prohibits a wide range of abusive and deceptive practices by third-party debt collectors, and New Mexico law goes even further in some areas. For example, in 2010, New Mexico became the first state to require that debt collectors tell you if the debt they’re attempting to collect is outside the statute of limitations. If you’re receiving harassing phone calls or have been lied to by debt collectors, you have options. Your rights are worthless if you do not understand them; call to learn more today.Read more →
The United States legislature created Chapter 7 bankruptcy law to help people who are overwhelmed by unsecured debt and need a fresh start in order to take control of their finances and move forward as part of a healthy economy. In a Chapter 7 case, most unsecured debt—debt like credit card balances, medical bills, utilities and unsecured loans—can be eliminated. The discharge order in a successful Chapter 7 case prohibits creditors from taking any further collection action on discharged debt, freeing up the bankruptcy filer’s income for day-to-day expenses and to build a more solid financial future. If that sounds like the type of relief you and your family could use, take the time to learn more about Chapter 7 bankruptcy right now. You may even be able to file for bankruptcy online.Read more →
Chapter 13 bankruptcy offers a solution for many New Mexico residents who are hoping to avoid foreclosure or manage other secured debts such as automobile loans. The core of a Chapter 13 case is a three to five year repayment plan, allowing the debtor to catch up on past-due balances over time, without constant pressure from creditors. Generally, a debtor must have regular income from which to fund the Chapter 13 plan, and plan payments are based on that income. In some cases, some remaining unsecured debt is discharged upon successful completion of the plan. If you’re struggling with secured debt or have significant assets that would not be exempt in a Chapter 7 case, find out whether Chapter 13 bankruptcy might be the answer for you.Read more →
People often ask, “Can bankruptcy stop foreclosure in New Mexico?” The specific answer depends on your income, the amount of mortgage debt, the value of your house and other factors. The general answer is, “Yes, in some cases.” Many New Mexico residents are able to save their homes through Chapter 13 bankruptcy repayment plans. For those who determine that walking away is the better choice, Chapter 7 bankruptcy can help a homeowner move forward debt free. If you’re facing foreclosure and feel like you’ve run out of options, schedule a free consultation to learn more about how bankruptcy can impact foreclosure proceedings.Read more →
If you’re in New Mexico and you feel overwhelmed by medical debt, you’re not alone. 43 million Americans have past-due medical debt listed on their credit reports, and more than half of all debt awaiting collection is medical. If your bills seem insurmountable after a long illness or serious injury, help may be in sight. Nearly half of all personal bankruptcy cases are triggered at least in part by medical debt. Since most medical debt is unsecured, it can often be eliminated entirely in Chapter 7 bankruptcy. Don’t let stress over medical debt interfere with your recovery for one more day. Schedule a free consultation right now.Read more →
In New Mexico, up to 25% of your wages may be withheld for garnishment, so long as that leaves at least 40 times the federal minimum wage. That kind of sudden drop in income can be very difficult for a family to weather. If your wages are being garnished and it’s throwing off your budget, pushing other accounts into delinquency or making it impossible to keep up with fixed expenses like your mortgage payment and car loan, relief may be available. In most cases, an automatic stay is entered immediately upon filing for bankruptcy protection, and the stay stops wage garnishment instantly. If that sounds like the kind of help you need, schedule a free consultation today.Read more →
I am really appreciative of the services I received from your team. You worked very hard in getting to the bottom of my situation and were able to resolve my problems in a timely manner. If I ever have a friend or family member in need of these services, I would definitely recommend you to them. Thanks for everything!Timothy M. Kalamazoo, MI
You did an excellent job in resolving my issue with my pesky creditors. He got me a very nice settlement and he did it in a more than timely manner. Thank you all for the work you all did. It is greatly appreciated.Malina B. Portland, OR
The lawyers at UpRight Law have helped many people in Albuquerque, Santa Fe, Alamogordo, Carlsbad, Las Cruces and throughout New Mexico to get back on their feet after financial setbacks. We know that financial stress can seep into every area of your life, and we have built our practice around helping people get the fresh start they need to regain control of their finances and move forward with confidence. Schedule a free consultation today to find out whether you can file bankruptcy online.
15 Years of Experience
After graduating with a Bachelor of Business Administration degree majoring in both Managerial Finance and Economics from New Mexico State University, Mr. Melwani went on to work […]Read more →
8 Years of Experience