Call Now for a FREE Consultation: (505) 268-7000
Call Now for a FREE Consultation: (505) 268-7000
Property and Debt Division
We Help You Divide Your Marital Assets and Liabilities Fairly
New Mexico is a community property state. Generally speaking, this means that each spouse has an equal interest in all property and debt acquired during the marriage. However, this does not mean that all property and debt is divided equally or that claims of a sole and separate property interest do not exist. A community property interest can also exist in a spouse’s sole and separate property.
The attorneys at Wolf & Fox can help you sort through these often complicated issues and provide experienced representation to ensure that all community property and debts are disclosed, assets are properly valued, and the division of property and debts is fair and in your best interests.
What Qualifies As Community Property?
Community property usually includes anything that is acquired during marriage, which can include:
- Pensions and retirement accounts
- Homes and real estate property
- Vehicles
- Personal property
- Debt
- Business ownership
- Stocks, bonds and other investments
We Take an Active Role in Resolving Your Issue
Because community property and debts are not necessarily equally divided in divorce proceedings, how property and debts are distributed can be contentious. At Wolf & Fox, our lawyers will work with you and your spouse to attempt to negotiate an agreement that is in the best interests of you and your family. We believe in finding amicable resolutions if possible, which is something our skilled mediators are trained to do. When agreement cannot be reached, we will advocate for you and protect your rights in Court.
We will work to build your trust by ensuring that you receive the best legal representation possible. You can rest easy knowing your case is in the hands of professionals who pride themselves on returning calls and responding to e-mails promptly, answering questions fully and honestly, and making a lasting connection with their clients.