How to file bankruptcy to New Mexico

To the adoption of the bankruptcy abuse prevention and Consumer Protection Act has become a very complicated process bankruptcy. Deal with companies that a lawyer must submit its balance sheet and file bankruptcy prompts to use a lawyer. Some New Mexico debtor may in able to tackle their cases of bankruptcy Chapter 7 on your own.Difficulty: ChallengingInstructionsThings ll need: credit counseling financial RecordsCalculatorHow in a new Mexico1Receive bankruptcy file. Before you can successfully send your bankruptcy, credit counseling with a body, approved by the trustee in the United States have visited in 180 days. You must receive credit counseling with your petition. 2Take bankruptcy resources review certificate file. Make bankruptcy Chapter 7, you must first pass a skills test. Compare your family income, median family income for a family of similar size to the New Mexico. By the year 2010 family income median have New Mexico classified $36,642 for a single employee. $50,457 for a family of two. $50,457 for a family of three; and $55,363 for a family of four. Add $7500 for every Member of the family of four.If your family income is less than the median age of the State, you can go 7 bankruptcy chapter and continue deducting 4 3Calculate-Einkommen with step monthly authorized monthly fees monthly income. If your monthly income is less than $100, file you Chapter 7 bankruptcy. If your monthly income is over $100, but this amount at least 25% of your debt pays if file you paid monthly for 60 months, Chapter 7 bankruptcy. 4File your petition for bankruptcy and schedules with a tax deposit of $299. You will be registered to Ihrebefreit and not exempt property to ea trustee and schedules will be appointed to the case for separating your property. Not exempt properties is the property of the estate of the bankrupt. TIl trustee sell this property and use it to pay your creditors. You can hold except all assets. At the end of the process, some unsecured debts discharged. 5Claim be exceptions. New Mexico law allows to keep the following property: homestead up to $ 60,000. Vehicle up to $4,000. Clothing; Books; Furniture; Aid for health at. Jewelry up to $2,500. any other property of personnel; 500 $5,000 personal property instead of the homestead. Construction materials. Minimum for membership in the cooperative shares amount. Tools, machines and materials for the line oil required although gas pipeline; Wages; Pensions; entitlement to public benefits tools of the trade $1,500. and insurance. See the law of the State for a complete list see. New Mexico enables its residents to choose between federal exceptions and States.