People embroiled in financial difficulties may have more to deal with than just past due credit card bills and the threat of foreclosure. They may also be tied up in lawsuits where the specter of a large judgment is present. Consumers in this situation may think that the judgment may ruin them forever, and that there is nothing that can be done to stop a plaintiff in a lawsuit from taking everything from them.
It is likely that some -- perhaps many -- of our readers across New Mexico have been on the receiving end of scam-oriented pitches promising to help them with financial challenges relating to credit card debt, student loans, medical outlays, mortgage exactions and other matters.
If you're a New Mexico resident struggling with debt that seems to be spiraling out of control, you might think that your situation is uncommon.
People often hear that filing for bankruptcy will shoot holes in their credit and materially straitjacket their economic freedom in the future.
A fresh start.