The principle place of residence of the up to the extent of $ 30,000. Joint owners may double it. Exemption in lieu of homestead is exempted up to the extent of $ 2000.
The greater among 75% or 40 times the federal minimum hourly wage per week.
Equipment, inventory, farm products and professional books used in business of debtor or dependent exempted up to the extent of $ 1,500.
Household goods and furniture, wearing apparels, books are exempted up to the extent of 100 %.
Personal property other than cash exempted up to $ 500.
Personal jewelry exempted up to the extent of $ 2,500.
Motor vehicle up to the extent of $ 4,000.
Personal property of any kind including cash is exempted up to the extent of $ 500.
10th Floor 500 Gold Avenue Southwest Albuquerque, NM 87103
(505) 348-2500
830 AM to 430 PM
All Counties
Hon. James S. StarzynskiP.O. Box 546 Albuquerque, NM 87103(505) 348-2420Hon. Mark B. McFeeley (Chief Judge)P.O. Box 546 Albuquerque, NM 87103(505) 348-2525
Norman H. Meyer, Jr. (Bankruptcy Clerk)P.O. Box 546 Albuquerque, NM 87103(505) 348-2500
Last Updated on: Tue, 23 Aug 2016