Who’s Eligible to File Bankruptcy in Albuquerque, NM?

bankruptcy eligibilityThe bankruptcy laws of New Mexico, like those of other states throughout the nation, are set up so that any individual can seek to file bankruptcy and protect themselves from creditors and collection agencies when their debt becomes unmanageable. There is no special qualification that an individual must meet prior to filing. Everyone is equal in the eyes of the law when it comes to bankruptcy.

Call Melwani Law today at 866-501-8500 for a free bankruptcy evaluation!

Types of Bankruptcy

While there are several types of bankruptcy, each is described by a different “chapter” of the nation’s bankruptcy laws. The most common for individuals is either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Both are available to any individual, but your specific circumstances will determine which is the appropriate option.

Call for your Free Evaluation at Melwani Law

Our experienced Albuquerque personal bankruptcy lawyers can help you decide whether bankruptcy is the best option to help you gain freedom from the worries of serious debt. If bankruptcy is the way to go, we can tell you whether you should file for Chapter 7 bankruptcy or Chapter 13 bankruptcy.

You Can Get out of Debt—Bankruptcy Can Help

Don’t let the worries and fears of major financial trouble rule your life anymore. Our goal at Melwani Law is to help you effectively deal with your debt problems and learn to manage your finances. This is not a problem you have to face alone; we are here to help. Please contact us today at 866-501-8500 for the bankruptcy advice you need.