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Financial Services Law Insights and Observations

New Mexico issues order prohibiting writs of garnishment or writs of execution of consumer debt

State Issues Covid-19 New Mexico Debt Collection Consumer Finance

State Issues

On June 5, the New Mexico Supreme Court issued an order prohibiting writs of garnishment or writs of execution as they pertain to consumer debt collection cases. The order does not affect writs of garnishment and writs of execution issued prior to June 8, 2020. Other rules pertaining to consumer debt collection cases are also unaffected. The order does not apply to domestic support obligations, including support and spousal maintenance obligation. The order will remain in effect until amended or withdrawn by a future order.