Are you feeling overwhelmed by overdue bills, demand notices, phone calls from creditors, or threats to repossess your car, foreclose on your home, garnish your wages, or seize your property?
Do you owe overdue taxes to the IRS or the New Mexico Taxation and Revenue Department?
If financial worries are keeping you up at night, consumer bankruptcy may be an option for you. No one wants to file bankruptcy, but when you are in over your head, debt relief through Chapter 7 or Chapter 13 personal bankruptcy can provide a way out of the nightmare.
Unsure if you still qualify to file for bankruptcy under the new law? We are completely familiar with the new median income requirements and the means test for consumers under the new law. There are many misconceptions about how the new bankruptcy law works—fostered in part by the creditor community and the media. Research by Best Case Solutions indicates that over 85% of those considering bankruptcy will still be eligible for Chapter 7, and the balance may be eligible to file for Chapter 13 bankruptcy. However, there are new time limits imposed between filings.
Contact the law office of Rio Rancho, New Mexico, bankruptcy attorney Dennis Feld for a free in-house consultation. We can review your financial situation with you and explain the facts about Chapter 7 and Chapter 13 bankruptcy. We can also help you explore other options.
Call a Lawyer with Over 25 Years of Experience
New Mexico bankruptcy lawyer Dennis Feld has been representing individuals and businesses in bankruptcy for over 25 years. He is a member of the National Association of Consumer Bankruptcy Attorneys, and is knowledgeable about U.S. bankruptcy law and tax law.
Attorney Feld negotiates with creditors, works with bankruptcy trustees, and assists in the development of business reorganization plans and loan workout agreements.
With an advanced law degree in tax, attorney Dennis Feld ably assists clients with all tax matters related to bankruptcy, including negotiation with the IRS or the New Mexico Taxation and Revenue Department regarding overdue taxes. He can help your business deal with issues such as a failure to keep appropriate payroll tax accounts, improper FICA accounting, or overdue or back sales taxes or property taxes.