Services Available in New Mexico
Debt Collection Agencies
Third-party agencies that collect unpaid debts on behalf of creditors. They typi...
20-40% of collected amount
Contingency Fee Lawyers
Attorneys who take cases on a contingency basis - they only get paid if you win....
33-40% of settlement/judgment
Bail Bond Recovery
Licensed bail enforcement agents (bounty hunters) who locate and return fugitive...
10-20% of the bail bond amount
Asset Recovery Services
Specialists in locating and recovering lost, stolen, or abandoned assets includi...
15-35% of recovered assets
Medical Billing Recovery
Specialists who audit medical bills for errors and recover overcharges from hosp...
25-35% of recovered overcharges
Judgment Enforcement
Specialists who collect on court judgments that debtors refuse to pay. They use ...
30-50% of collected judgment
Skip Tracing Services
Investigators who locate people who have 'skipped' - fled without paying debts, ...
Flat fee $50-500 per locate, or percentage if bundled with collectionYour Rights in New Mexico
New Mexico Unfair Practices Act - NMSA 57-12-1
- Prohibits unfair and deceptive trade practices
- Consumers may recover actual damages and attorney fees
- AG may seek civil penalties up to $5,000 per violation
- Private right of action available
Statute of Limitations in New Mexico
After this period, collectors cannot sue you to collect the debt.
| Debt Type | Time Limit |
|---|---|
| Credit Card | 6 years |
| Medical Bills | 6 years |
| Auto Loan | 6 years |
| Written Contract | 6 years |
| Oral Contract | 4 years |
Wage Garnishment Rules in New Mexico
Up to 25% of disposable income
Featured Professionals in New Mexico
Midland Credit Management
✓ VerifiedOne of the largest debt purchasers and collectors in the United States, handling billions in consume...
View ProfileRSI Enterprises
✓ VerifiedLong-established collection agency specializing in healthcare and government receivables with a focu...
View ProfileMedical Billing Advocates of America
✓ VerifiedNational medical billing advocacy service helping patients and providers recover overpayments and bi...
View Profile