Learn More About Collections Law in Truth Or Consequences, New Mexico

Truth or Consequences is a spa city in and the county seat of Sierra County, New Mexico, United States. As of the 2000 census, the population was 7,289. It is commonly known within New Mexico as T or C. Originally named Hot Springs, the city changed its name to Truth or Consequences, the title of a popular NBC radio program. In 1950, Ralph Edwards, the host of the radio quiz show Truth or Consequences announced that he would air the program from the first town that renamed itself after the show. Hot Springs, NM won the honor. Ralph Edwards came to the town during the first weekend of May for the next fifty years. This event was called "Fiesta" and included a beauty contest, a parade, and a stage show. The city still celebrates Fiesta each year on the first weekend of May. The parade generally features area celebrities such as the Hatch Chile Queen. Fiesta also features a dance in Ralph Edwards Park.

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

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

Answers to collections 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...

How can I protect myself from debt collectors?

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

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...