New Mexico Statutes 56-3A-3.1. Declaration of removal; procedures
A. A consumer may file a declaration of removal with a consumer reporting agency operating within New Mexico declaring that the consumer:
Terms Used In New Mexico Statutes 56-3A-3.1
- Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
- Credit Score: A number, roughly between 300 and 800, that measures an individual's credit worthiness. The most well-known type of credit score is the FICO score. This score represents the answer from a mathematical formula that assigns numerical values to various pieces of information in your credit report. Source: OCC
- Service of process: The service of writs or summonses to the appropriate party.
(1) is the victim of identity theft;
(2) is eligible for removal of information reported to or by the consumer reporting agency on the basis of identity theft;
(3) is available for service of process at a conclusively valid designated address for at least thirty days; and
(4) discloses proper identifying information by which the consumer may be identified by the consumer reporting agency.
B. The attorney general may publish a sample declaration of removal in compliance with the applicable requirements of Subsection A of this section. The declaration of removal published by the attorney general is not required to be used. A consumer may use other forms that serve the same purpose and that are in compliance with the applicable requirements of Subsection A of this section.
C. A consumer reporting agency shall make available on a web site and on all credit reports of the consumer reporting agency the means for contacting the consumer reporting agency through a physical mailing address, by telephone and facsimile, and through use of a web site and an internet electronic mailing address. A consumer reporting agency shall state on a web site and on all credit reports of the consumer the methods for submitting a declaration of removal.
D. Within five days of receiving a declaration of removal and, if applicable, receipt of a fee as authorized in Subsection I of Section 56-3A-3 N.M. Stat. Ann., a consumer reporting agency shall remove from its files and credit reports of the affected consumer the information that is the subject of the declaration of removal and notify the consumer once the removal is complete. A consumer reporting agency shall not state on a credit report that information was removed at the request of a declaration of removal and shall not use that information to suggest or otherwise state or imply to a third party that the affected consumer has a negative credit score, history, report or rating.
E. A consumer reporting agency may restore the information that was the subject of a declaration of removal upon:
(1) request of the affected consumer; or
(2) a court order after the adjudication of the alleged debt in the judicial district in which the consumer resides.