Required Reading

Structured News

All Structured News >

 

Structured Settlement Federal Tax Info Links

Did You Know?

Money in the future is worth less than money today.

To think of it in simple terms, if you loaned a person $1000 today and they said they would return the $1000 in 10 years. You lose all the value of today's money and future interest if you invested the $1000 in your savings account over the same 10 years. Also inflation and prices of almost everything increases in 10 years. There is also the risk if the person will pay it back and on time.

So you would not be able to buy as much with that $1000 that would be returned in 10 years. So $25,000 paid in 50 payments of $500 per month for next 4 years, may be worth today $18,506.44 +- or less. There is also the un measurable factor of  "Needing a large amount of money now". To get super technical if your up for it you can read an economics presentation outline from the University of Wisconsin with examples of present value and the value of money. Read More >

Do you have a structured settlement? Are you set to receive future payments for a lawsuit settlement? If so, you may be able to sell your future payments and get a large amount of cash for the payments. Get started >

Sell Your Future Settlement Payments For CASH



< Go Back

Structured Settlement Guide For New Mexico

Below is local New Mexico information related to courts, and structured settlement topics. You may have to visit or phone call a local New Mexico courthouse when working with your structured settlement.

New Mexico Settlement News

- No current NM settlement news at this moment, please check back.

Submit a news story from the web or your own settlement story:

Name:  
Email:  
Story or URL web link to story:
 

New Mexico City Court Pages

Click to go to Site: New Mexico Main Court Pages
Click to go to Site: New Mexico Magistrate Courts
Click to go to Site: County Courts of NM


The following New Mexico cities have court information at above links:

  • Albuquerque
  • Las Cruces
  • Santa Fe
  • Rio Rancho
  • Roswell
  • South Valley
  • Farmington
  • Alamogordo
  • Clovis
  • Hobbs
  • Carlsbad
  • Gallup
  • Las Vegas
  • Deming

Structured Settlement New Mexico State Laws

39-1A-4. Approval of transfers of structured settlement payment rights. No direct or indirect transfer of structured settlement payment rights shall be effective and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to any transferee of structured settlement payment rights unless the transfer has been approved in advance in a final court order based on express findings by the court that: A. the transfer is in the best interest of the payee, taking into account the welfare and support of the payee's dependents; B. the payee has been advised in writing by the transferee to seek independent professional advice regarding the transfer and has either received the advice or knowingly waived the advice in writing; and C. the transfer does not contravene any applicable statute or an order of any court or other governmental authority.

* See more and actual structured settlement statutes at New Mexico State government law site pages

NM Help Sites Structured Settlement Related Issues