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Contact our firm for a FREE Consultation by calling (505) 503-1637 before filing any documents and reaching any binding agreements with creditors or ‘so-called’ debt relief agencies.
Even if you have started bankruptcy filings, negotiations or discussions, you want Don Harris and his team of experts to review and prepare your case so you can have the advantage of Don and his team’s experience and skills working to get you the best results possible in the Albuquerque bankruptcy court. See our Avoiding Debt-Settlement, Consolidation or Similar Scams page.
Don and his team help to insure that his client’s present and future are equally protected!
Federal Bankruptcy Law as Practiced in New Mexico by Don Harris
When people consider filing bankruptcy, they often fear an unknown and complex process. Moreover, many people feel bad about having to file for protection. But there is good news – Learn More below
Bankruptcy law is actually one of the most predictable and affordable areas of the law when the benefits are considered. Of course it takes a highly competent and experienced attorney to properly handle bankruptcy law cases. At New Mexico Financial Law, our bankruptcy clients are usually happy clients. Emerging from bankruptcy with a fresh start really takes a load off of people’s shoulders.
Most people feel that paying their debts is the “right” thing to do. However, Congress created the bankruptcy safety net for a reason, and approximately one million Americans file bankruptcy every year. Most bankruptcies are caused by job losses, business failures, illnesses, or other unexpected events. Also, credit card companies make healthy profits, in part, by raising interest rates on the people who are least able to afford them. Sometimes not paying off all of your debt is the right thing to do!
At New Mexico Financial Law, we represent honest people, like yourself, who are having difficulties beyond their means and control. Congress passed bankruptcy laws to help people just like you. However, if you can afford to pay your debts, by all means please do. The law provides for stiff penalties for those who abuse the bankruptcy process. But if you cannot afford to pay your debts, and there does not seem to be any light at the end of the tunnel, there is a good chance that Don can help.
Whether you are a creditor, a business, or an individual seeking bankruptcy relief, you need competent and experienced bankruptcy attorneys. When bankruptcy cases become complex due to issues involving personal financial assets and liabilities and/or business assets and liabilities you want and need the support of an experienced lawyer. Don and his team can assist you through the process and when needed, call upon other financial experts to support your case. Don knows the law and has a proven success record in achieving the best possible results. You want a bankruptcy lawyer who knows federal bankruptcy law, is your strongest advocate, and will represent all of your interests! The earlier you see Don the better. Feel free to contact us if you need a quality New Mexico bankruptcy lawyer or just want to make sure bankruptcy is your best course of action.
Bankruptcy is the legally declared inability of an individual or an organization to pay their creditors. Creditors may file a bankruptcy petition against a debtor in an effort to recoup a portion of what they are owed. In the majority of cases, however, bankruptcy is initiated by the debtor.
The primary purposes of bankruptcy are to give an honest debtor, whether it be an individual or a business entity, a “fresh start” in life by relieving the debtor of most debts, and to repay creditors in an orderly manner to the extent that the debtor has the means available for payment. As such, bankruptcy allows debtors to be relieved from the legal obligation to pay most debts by submitting their non-exempt assets, if any, to the jurisdiction of the bankruptcy court for eventual distribution among their creditors. From the time a Bankruptcy Petition is filed until its conclusion, the debtor is protected from most non-bankruptcy legal action by creditors through a legally imposed stay. Creditors cannot garnish wages, pursue related lawsuits, or attempt to compel payment.
Federal bankruptcy law encompasses a great many areas and the legal strategy and results are highly dependent on a particular case or client’s circumstances. New Mexico Financial Law, acting as your bankruptcy lawyer, can assist you in addressing all of the legal matters related to bankruptcy law. On our Bankruptcy Law web pages we provide pertinent information on many of the topics in this area but proper legal representation requires detailed discussions between the bankruptcy lawyer and the client on Federal bankruptcy law and your particular circumstance.
Contact New Mexico Financial Law Today for a Free Initial Bankruptcy Consultation!
Pursuant to 11 U.S.C. §528(A)(4) We are required to state the following: We are a debt relief agency. We help people file for Bankruptcy relief under the Bankruptcy Code.