Learn More About Business Bankruptcy Law in Alto, New Mexico

Alto is an unincorporated community in Lincoln County, New Mexico, United States. It is located in the Lincoln National Forest, five miles (8 km) north of the village of Ruidoso, New Mexico. Alto is located at 7,300 feet (2,200 m). The community is most noted as being a thriving artist community and is home to the Spencer Theater for the Performing Arts. Alto received its name from the Spanish word "high," due to its elevation. Alto Lakes (elevation 7,550 feet) is a planned, residential and recreational community covering 1689+ acres along two mountain ridges in Alto. Alto Lakes was conceived and developed by Don Blaugrund beginning in 1967. The heart of the community is the Alto Lakes Golf & Country Club which includes a private 18 hole golf course, dining, swimming and tennis facilities. Membership in the Club is included with ownership of a home, town home, or lot within the community. The residential area of the community includes 1,150+ homes, 83 town homes, and approximately 1,000 vacant lots. Alto Lakes is governed by the Alto Lakes Water & Sanitation District and by the Alto Lakes Special Zoning District as well as community covenants.

What is business bankruptcy law?

Business Bankruptcy involves the legal process that insolvent businesses take to insure fairness and equality upon creditors and to help the debtor company start anew with the property the company is allowed to keep without being hampered by their liabilities. Business Bankruptcy attorneys advise on debt relief options and guide companies through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 11 bankruptcy debt reorganization plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with the bankruptcy reorganization of a debtor.

Personal Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to business bankruptcy law issues in New Mexico

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Where Can I get Bankruptcy Forms?

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

What is a Chapter 7 Bankruptcy Liquidation?

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

What is a Chapter 9 Municipality Bankruptcy?

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

What is a Chapter 11 Bankruptcy Reorganization?

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

What is a Chapter 12 Family Farmer or Family Fisherman Bankruptcy?

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

What is a Chapter 15 Cross-Border Bankruptcy?

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

What is the Securities Investor Protection Act?

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. ยง 741 et seq.), it is far...

What Bankruptcy Terminology Should I be Familiar with?

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...