Your favorite Uncle Art lived to the ripe old age of 91. He'd been a bit of a miser and really accrued a great deal of assets. Maybe because he never married he had the time to spend with you. He really seemed interested in your life and your plans.
When getting divorced in New Mexico, some couples have historically agreed that one spouse will pay alimony to the other for a period of time after the divorce is finalized. These monies are generally considered a way of assisting the person who earns less money while they adapt to living on a reduced income. The person who receives spousal support payments has added these payments to their income tax return as actual income. The person who makes the spousal support payments has been able to deduct the money from their income tax return.
The main concern of many that file for bankruptcy is whether or not they will love their personal property in New Mexico. If you are in the position of having to contemplate bankruptcy, your fears are understandable. Fortunately, as we here at the Sanders Law Firm have had the privilege of telling many of our concerned clients, the law does allow you to protect certain types of property from being sold as part of a bankruptcy. Both federal and state bankruptcy exemptions exist. Some states allow you to choose which to apply to your case; New Mexico is among them.
For many wholesale and retail establishments in New Mexico, one of their top concerns is keeping their employees and customers safe. Failure to implement protocols designed to protect people against accidents can result in preventable injuries happening that can unleash a fury of costly consequences. In severe cases, careless or reckless businesses may be facing lawsuits, a damaged reputation and a permanent effect on their brand and product.