[1-065.1, 2-801, 3-801]
STATE OF NEW MEXICO
IN THE ___________________ COURT No. _________
__________________________ COUNTY
__________________________________, Plaintiff
against
__________________________________, Defendant
2. PURPOSE OF THIS NOTICE:
This notice is to tell you that some kinds of property or
money may NOT be taken from you even after the court has
ruled that you owe the judgment creditor money. This
property is protected under state law. The property which
may not be taken is called "exempt property". YOU MUST
FILE A CLAIM OF EXEMPTION FORM TO CLAIM ANY EXEMPT
PROPERTY. YOU MAY WISH TO CONSULT WITH AN ATTORNEY BEFORE
COMPLETING AND FILING THE CLAIM OF EXEMPTION FORM.
Here is a list of some exempt money and property. Other
kinds of money or property not listed may also be exempt.
3. PARTIAL LIST OF EXEMPTIONS FROM EXECUTION
Part I. Homestead exemption
(This exemption may only be used in the district
court)
A judgment debtor who owns, leases or is purchasing a dwelling occupied by the judgment debtor is entitled to
hold as exempt property a homestead in the amount of thirty
thousand dollars ($30,000) under Section 42-10-9 NMSA 1978.
Part II. Exemption in lieu of homestead exemption
(Parts II and III are for use in the district
court, magistrate court and metropolitan court)
Residents of this state who do not claim a homestead
exemption are entitled to an exemption of real or
personal property in the amount of two thousand
dollars ($2,000) under Section 42-10-10 NMSA 1978.
You may not claim this exemption if you claimed a
homestead exemption above.
Part III. Personal property exemptions
In addition to the property claimed as exempt above,
judgment debtors are entitled to claim certain personal
property exemptions. Most of those exemptions are listed
below.
a. personal property worth up to $500;
b. tools of the trade worth up to $1,500;
c. a motor vehicle worth up to $4,000 or that amount of
equity in a more valuable vehicle;
d. jewelry worth up to $2,500;
e. clothing, furniture, books and medical-health
equipment being used for the health of the claimant
or a member of the household of the claimant and not
in a profession;
f. pension or retirement funds;
g. not more than $5,000 in benefits from a benevolent
association of which the judgment debtor is a
member;
h. building materials not financed by the judgment
creditor in this action as provided by Section
48-2-15 NMSA 1978;
i. a partner's interest in specific partnership
property subject to the limitations of Section
54-1-25 NMSA 1978;
j. worker's compensation benefits subject to the
limitations of Section 52-1-52 NMSA 1978;
k. occupational health benefits as provided by Section
52-3-37 NMSA 1978;
l. unemployment compensation benefits subject to the
limitations of Section 51-1-37 NMSA 1978 for
necessities furnished while the debtor was
unemployed and child support;
m. public assistance and welfare benefits;
n. cash surrender values and benefits of life insurance
contracts;
o. payment from life, accident and health insurance
policies or annuity contracts;
p. crime victims' reparation fund payments;
q. fraternal benefit society benefits;
r. the minimum amount of shares necessary for certain
cooperative associations subject to the limitations
provided by Section 53-4-28 NMSA 1978;
s. the debtor's membership interest in the property of
a club or association pursuant to Section 53-10-2
NMSA 1978;
t. oil and gas equipment not financed by the judgment
creditor to be used for purposes for which it was
purchased as provided by Section 70-4-12 NMSA 1978;
u. allowances to surviving spouse and children from
estate of a deceased estate subject to the
limitations of Sections 45-2-401 and 45-2-402 NMSA
1978.
You may not claim an exemption for personal property
which is subject to a security interest under the Uniform
Commercial Code given to the judgment creditor.
4. HOW TO PROTECT EXEMPT PROPERTY.
The sheriff may not seize your personal clothing, furniture and books or any jewelry unless the total value of all jewelry is more than $2500. For other property, you must claim an exemption or it may be seized and sold.
A claim of exemptions on execution form is attached for
you to complete and file with the court.
YOU MUST COMPLETE AND RETURN THE ATTACHED CLAIM OF
EXEMPTIONS ON EXECUTION FORM TO THE CLERK OF THE COURT
WITHIN TEN (10) DAYS AFTER SERVICE OF THIS NOTICE UPON
YOU. YOU MUST ALSO SERVE A COPY OF THE COMPLETED AND
SIGNED CLAIM OF EXEMPTIONS ON EXECUTION FORM ON THE
JUDGMENT CREDITOR.
If the judgment creditor disputes a claimed exemption,
the clerk or the judge will notify you of the date and
time for a court hearing on your claim. You must go to
that hearing and explain why your money or property is
exempt. You must bring to the hearing any proof that
your money or property is exempt.
If you do not complete and file the claim of exemptions
on execution form within ten (10) days and attend the
hearing, your property may be seized and sold by the
sheriff.
FAILURE TO COMPLETE AND FILE A CLAIM OF EXEMPTIONS ON
EXECUTION FORM WITHIN TEN (10) DAYS AND SERVE A COPY ON THE
JUDGMENT CREDITOR WILL RESULT IN THE LOSS OF YOUR RIGHT TO
CLAIM AN EXEMPTION.
(The following proof of service may be
used ONLY if the judgment debtor has
entered an appearance in the case.)
I declare, under penalty of perjury, that this notice, a
claim of exemptions on execution form and a copy of the
judgment in the above cause of action were mailed on the _____
day of _________________, 19____ from ______________________
(street address or post office branch) in _________________,
New Mexico.
_________________________
Signature
_________________________
Date of signature
(If the judgment debtor has not entered an appearance, personal service of this notice must be made on the judgment debtor
and the following Return of Service must
be completed and filed with the court.)
STATE OF NEW MEXICO )
) ss
COUNTY OF _____________)
(check one box and fill in appropriate blanks)
[ ] I, being duly sworn, on oath, say that I am over the age
of eighteen (18) years and not a party to this lawsuit,
and that I served the notice of right to claim exemptions
(executions) and a claim of exemptions on execution form
(in said county) (in ________________ County) on the
_____ day of _____________________, 19_____, by
delivering a copy thereof, with copy of the judgment
attached, in the following manner: ____________________
_______________________________________________________
(check only if service by sheriff or deputy)
[ ] I certify that I served the Notice of Right to Claims
Exemptions (Execution) (in said county) (in
________________________ County) on the _____ day of
___________________, 19_____, by delivering a copy
thereof, with copy of judgment attached in the following
manner: ________________________________________________
________________________________________________________
(check one box and fill in appropriate blanks)
[ ] to defendant ______________________________
[ ] to ________________________, a person over fifteen (15)
years of age and residing at the usual place of abode of
defendant __________________________, who at the time of
such service was absent therefrom. Abode located at
_______________________________________________________.
[ ] by posting a copy of the Notice of Right to Claim
Exemptions in the most public part of the premises of
defendant ________________________ (used if no person
found at dwelling house or usual place of abode). Abode
located at __________________________________________.
[ ] to ____________________, an agent authorized to receive
service of process for defendant _____________________.
[ ] to _____________________, (parent) (guardian) of
defendant _____________________ (used when defendant is a
minor or an incompetent person).
[ ] after due diligence I was unable to serve this notice.
Fees: _____________________
____________________________________
Signature of person making service
____________________________________
Title (if any)
Subscribed and sworn2 to
before me this _____
day of ______________, 19_____
______________________________
Judge, notary or other officer
authorized to administer oaths
______________________________
Official title
2 If service is made by the sheriff or a deputy
sheriff of a New Mexico county, the signature of the
sheriff or deputy need not be notarized.
[As amended effective January 1, 1993; May 1, 1994; January 1,
1996.]