After You File an Insurance Claim in New Mexico: What to Expect and Next Steps
Detailed Answer Overview. After you submit an insurance claim in New Mexico, the claim moves through several common stages: acknowledgement, investigation, documentation (proof of loss), coverage decision, and resolution (payment, repair, denial, or settlement). These steps happen whether the claim is for auto, homeowners, renters, or other property and casualty coverage. Each step carries different […]
Read article →How to Prove Lost Wages as a Self-Employed Person in New Mexico
Proving Lost Wages When You’re Self-Employed: A Practical Guide for New Mexico Short answer: You prove lost wages by building a clear, contemporaneous record of your normal earnings and the reduction caused by the accident. For self-employed people that means combining tax records, business records (invoices, ledgers, bank deposits), client communications, and, when needed, expert […]
Read article →How to File a Special Proceeding to Recover Foreclosure Surplus Funds in New Mexico
Detailed Answer What the money is and who may claim it When a mortgage or deed-of-trust sale produces proceeds in excess of the debt, costs, and lawful fees, the extra money is called a foreclosure surplus (sometimes “overage” or “excess proceeds”). In New Mexico, former owners, junior lienholders, and other parties with legal claims against […]
Read article →Can a consent order be used to skip the court hearing and distribute the sale money by agreement? (NM)
Detailed Answer Short answer: Yes — in many New Mexico civil cases parties can use a consent order (sometimes called a consent judgment or stipulated order) to avoid a contested hearing and direct the court to enter an agreed distribution of sale proceeds. However, the court must sign the order, certain types of claims or […]
Read article →How do I force my sibling to give me a copy of our parents’ estate plan in NM after he ignored my formal request?
FAQ: Getting a Copy of a Parent’s Estate Plan in New Mexico Short answer: Your options depend on whether your parents are alive, whether the estate plan is a will or a trust, and whether you are a named beneficiary, agent, or have standing. You can make written demands, request disclosures, and—if necessary—ask a New […]
Read article →How do we decide on the right demand amount for my broken arm injury? (NM)
Detailed Answer Short answer: Deciding the right demand amount for a broken arm claim in New Mexico means adding up your measurable losses (medical bills, lost pay, future treatment), estimating non‑economic losses (pain and suffering, loss of enjoyment), adjusting for any shared fault, and then choosing a starting demand that gives room to negotiate. Your […]
Read article →What can I expect as a timeline for an initial insurance offer after we send a demand? (NM)
FAQ: Timeline for an Initial Insurance Offer After Sending a Demand (New Mexico) Answer — What to expect after you send a demand After you send a written demand to an insurance company in New Mexico, you should expect several clear stages before you receive an initial monetary offer. The exact timing varies with the […]
Read article →What Happens if a Will Is Lost or Destroyed in New Mexico (NM)?
Detailed Answer — How New Mexico law treats a lost or destroyed will Short answer: In New Mexico, a will that cannot be located after the testator’s death can still be given effect if someone proves what the will said and shows it was not intentionally revoked. If the proponent cannot meet the required proof, […]
Read article →How can a personal representative confirm that a probate proceeding has concluded and a trust has been properly funded? – NM
Steps a New Mexico Personal Representative Should Take to Confirm Probate Is Closed and a Trust Is Funded Detailed Answer — How to verify probate conclusion and trust funding in New Mexico When you serve as a personal representative (executor or administrator) in New Mexico, two separate tasks commonly overlap near the end of an […]
Read article →Which financial powers can be granted through a power of attorney during incarceration (NM)
Can someone grant financial powers by power of attorney while incarcerated in New Mexico? Short answer: Yes. In New Mexico a principal (the person granting authority) can generally create a power of attorney (POA) that gives an agent broad or limited authority over financial matters while the principal is incarcerated, provided the document is properly […]
Read article →