More Information about Bankruptcy

information on bankruptcy

Bankruptcy Law is a Combination of  Federal Law with State Adaptations

It takes a highly competent and experienced attorney to properly handle bankruptcy law cases. Even though you may reside in New Mexico, bankruptcy law is a federal law and not all New Mexico lawyers are as intimately familiar with bankruptcy law as New Mexico Financial Law. Whether you are a creditor, or a business or individual seeking bankruptcy relief;  improperly handled cases can cost you thousands of dollars and have significant impacts on your personal and financial future. When bankruptcy cases become complex due to involved personal financial assets and liabilities and/or business assets and liabilities you want and need the support of an experienced attorney who can and will assist you through the all of the processes and, when needed, call upon experts to support your case. If you are a creditor in a bankruptcy case you need a strong and knowledgeable advocate by your side from the moment you receive a creditor’s Notice of Bankruptcy.

Bankruptcy laws are very complex and errors or oversights made by creditors, individuals or businesses can and do have long term and significant financial effects. You want and need professionals on your side.  New Mexico Financial Law knows the fine details of all the issues and Don Harris 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 Harris the better it can be for your case. Click here to contact Don

Creditors Needing Bankruptcy Assistance

As with many things related to the law, time is of the essence when it comes to establishing your creditor claims. When creditors get a bankruptcy notice, they assume they have neither rights nor alternatives with respect to their claims against the debtor. This is not necessarily so. Creditors may also challenge an individual debtor’s right to a discharge or to discharge the creditor’s particular debt. An early call to the bankruptcy New Mexico Financial Law will help you protect all of your rights under the bankruptcy laws.

Individuals Considering Bankruptcy

Bankruptcy is all about getting a fresh financial start in your life. As good as this may sound it can be painful and the residual effects can negatively impact you for years. Since the new Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, all debtors will have to get credit counseling before they can file a bankruptcy case as well as additional counseling on debt management and budgeting before their debts can be relieved. Some filers with higher incomes won’t be allowed to use Chapter 7, but will instead have to repay at least some of their debt under Chapter 13. Because of the new limitations on filing Chapter 7 it is especially important to have excellent legal and financial advice before you file. New Mexico Financial Law can provide you with that legal advice and arrange for highly competent financial advice too.

Businesses Considering Bankruptcy

Business Bankruptcies – Unarguably, Chapter 11 – Business Bankruptcy filings are the most complex of the federal bankruptcy laws. Creditors’ Committees, a U.S. Trustee, Reorganization Plans, Disclosure Documents, the SEC, and numerous other interests come to play when a Chapter 11 Bankruptcy is filed. Chapter 11 is a bit easier for small businesses but it is still a challenge. New Mexico Financial Law has provided a brief summary of the processes and complexities of Chapter 11 click here) and is available to small and large businesses to assist them through the process.

New Mexico Financial Law is an Albuquerque New Mexico based bankruptcy law firm which provides United States Bankruptcy legal services and advice throughout the state. The majority of its clients reside in the Albuquerque, New Mexico, area, i.e., Albuquerque, Bernalillo, Rio Rancho, Los Lunas and Belen. But the firm can also represent clients statewide in Hobbs, Las Cruces, Clovis, Farmington and other New Mexico cities. Don Harris represents clients who reside in New Mexico and also New Mexico residents residing in out-of-state jurisdictions. Bankruptcy law, as practiced by New Mexico Financial Law addresses all of a client’s concerns; legal, financial, and emotional. Don attempts to settle bankruptcy cases through negotiation. If negotiation is unsuccessful then the trial skills of Don and his firm are brought into play. Don Harris is a well-known and respected Albuquerque, New Mexico, lawyer. Don Harris not only provides the legal bankruptcy advice and guidance expected of an experienced lawyer, he also works with other professionals such as financial advisors, CPAs and mental health counselors to provide the firm’s clients with many of the services needed to get through their financial and personal challenging times.

The hiring of a lawyer is an important decision that cannot be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience.

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.