New Mexico Bankruptcy Trustees

You are deciding whether to file bankruptcy and may have heard about working with a bankruptcy trustee in New Mexico. The primary role of the trustee is to be a “watchdog” for the bankruptcy process. In fact, the Chapter 7 and Chapter 13 bankruptcy trustees helped manage all of the 1,870 bankruptcy filings in New Mexico for the year ending June 30, 2021.

The trustee’s responsibilities include:

1. Appointing and supervising private trustees.
2. Taking legal action to prevent fraud and abuse.
3. Referring matters for criminal investigation when appropriate.
4. Ensuring bankruptcy process is administered and that fees are appropriate.
5. Reviewing disclosure statements.
6. Advocating matters of bankruptcy code.

We will cover Chapter 7 and Chapter 13 bankruptcy trustees with contact information in New Mexico as those are the most common for personal bankruptcies. 

What Are The New Mexico Chapter 13 Bankruptcy Trustee Fees?

One of the highest costs in a Chapter 13 bankruptcy in New Mexico is the Chapter 13 bankruptcy trustee fees. A Chapter 13 bankruptcy is often a 3 or 5-year plan. So, there are many administrative tasks for the Chapter 13 bankruptcy trustee.

Here’s the breakdown of New Mexico Chapter 13 bankruptcy trustee fees: 7.80%. Just as a reference, this can result in thousands of dollars in trustee fees. Our Chapter 13 calculator helps estimate what that fee would be.

Chapter 13 Bankruptcy Trustee(s) New Mexico

Below are the Chapter 13 bankruptcy trustees in New Mexico broken out by bankruptcy district. You can also find the list here. Please note that the US Trustee program does not administer bankruptcy estates in North Carolina and Alabama.