What is Chapter 7?
What the process involves, which questions need a closer look, and why income is only part of the picture.
Understand Chapter 7 →New Mexico · A place to start
Your home. Your bills. What happens next. Get clear explanations, then talk with an attorney about the questions that matter to you.
Educational information only. Every situation needs its own review.

One question at a time
What the process involves, which questions need a closer look, and why income is only part of the picture.
Understand Chapter 7 →Explore income, household size, and estimated deductions with our educational calculator.
Try the means test →Start with common questions about property, debt, and what to discuss with an attorney.
Read the questions →An Albuquerque law office
505 Bankruptcy is an educational resource from the Law Office of Anita M. Kelley. You don't need to know which chapter might fit before asking about a consultation.
Tell us what you want to understand. Ask about the appointment, fees, and what information the office needs.
About the office and this resource →From the articles

Questions to ask an Albuquerque bankruptcy attorney about case scope, fees, documents, property risks and next steps before you hire.

Understand the difference between home equity, exemptions and mortgage obligations, and the questions to ask when foreclosure is a concern.

Start with the basics: what Chapter 7 involves, why property matters, and what to ask before deciding whether to file.
Tell us what you’re concerned about. We’ll explain how to arrange a consultation and what information may be needed.
Request a consultation