New Mexico Statutes 66-5-214. Discharge in bankruptcy
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A discharge in bankruptcy shall not relieve any person from any of the requirements of the Mandatory Financial Responsibility Act.
Terms Used In New Mexico Statutes 66-5-214
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.