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Compare Bankruptcy Lawyers in Farmington, NM

Directory of bankruptcy lawyers in Farmington, New Mexico. Verify credentials with the state bar before hiring.

4 attorneys listed
Updated May 2026
Farmington, NM
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeAttorney.com. We do not endorse any attorney or guarantee outcomes. Verify licensing and disciplinary status with the State Bar of New Mexico before hiring.
Showing 4 bankruptcy lawyers in Farmington, NM Listings are displayed in no particular order and are not ranked by BeforeAttorney. Order does not constitute a recommendation or endorsement of any attorney.
Kemp S. Lewis, Attorney
3005 Northridge Dr, Farmington, NM 87401
(505) 326-7391 kemplewisattorney.com
Proudlaw, LLC
3300 N Butler Ave, Farmington, NM 87401
(505) 325-9493
Finch & Olson
110 E Arrington St, Farmington, NM 87401
(505) 327-5538 fincholsonlaw.com
Robert L Finch Llc
555 E Main St, Farmington, NM 87401
(505) 325-2029

Farmington residents facing financial challenges can seek help from a bankruptcy lawyer to understand their options under federal law and New Mexico state exemptions. New Mexico law allows individuals to use state-specific exemptions, such as the homestead exemption of up to $60,000, which can protect your property. A local attorney can guide you through the process of filing for Chapter 7 or Chapter 13 bankruptcy in the U.S. Bankruptcy Court for the District of New Mexico.

What Does a Bankruptcy Lawyer in Farmington Cost?

Typical costs for a bankruptcy lawyer in Farmington, New Mexico range from $1,200 to $3,500 for a Chapter 7 case and $3,000 to $6,000 for a Chapter 13 case. These fees do not include the court filing fee of $338 for Chapter 7 or $313 for Chapter 13. Costs vary based on case complexity and attorney experience. This is general information, not legal advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by attorney and case complexity. This is not legal advice — consult directly with an attorney for fee specifics.

Frequently Asked Questions

What are the income requirements for Chapter 7 bankruptcy in Farmington?
To qualify for Chapter 7 bankruptcy in New Mexico, your income must be below the state median for your household size. The median income for a single person in New Mexico is approximately $54,000 as of 2024. If your income is higher, you may still qualify after passing the means test.
How long does a bankruptcy stay on my credit report in New Mexico?
A Chapter 7 bankruptcy remains on your credit report for 10 years from the filing date. A Chapter 13 bankruptcy stays for 7 years. These time limits are set by federal law and apply to all states, including New Mexico.
Can I keep my car or home if I file for bankruptcy in Farmington?
New Mexico law provides exemptions that may allow you to keep your car and home. The homestead exemption protects up to $60,000 of equity in your primary residence. For a vehicle, you can exempt up to $8,000 of equity. A lawyer can help you apply these exemptions to your specific situation.