Magdalena is a village in Socorro County, New Mexico, United States. The population was 913 at the 2000 census. The Lady on the Mountain is a rock formation on Magdalena Peak overlooking Magdalena. Spanish soldiers saw the face of a woman on the west face of the peak. A priest with them was reminded of a similar peak in Spain called "La Sierra de Maria Magdalena", so he called the New Mexico one "La Sierra de Magdalena". The natural pass to the south of the peak became known as Magdalena Gap, and when a town grew up it received the same name. Magdalena has recently been trying to transform itself into an art center and cultural destination. The opening of at least a dozen art galleries, a woolery, the renovation of the Bank West Building and the Magdalena Hall Hotel have all made their mark on this mountain village. Several rock and mineral shops have been around since the mining boom days. The ghost town of Kelly, and 2 important festivals: the Lady Magdalen Art Walk, and the Old Timers Reunion and Rodeo bring tourists to the area. Newly-paved roads, additions to the large school, a public water system, trash disposal service and the opening of a new Mini-Mart and Gas Station have improved the quality of life for its citizens. The Very Large Array is located close to the community.

Business Bankruptcy Law Lawyers In Magdalena New Mexico

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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

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

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

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

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

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

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

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

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

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

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