Sell My Structured Settlement in New Mexico
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New Mexico Law for Selling a Structured Settlement
Enacted: July 01, 2005 Effective: July 01, 2005
Permits the sale or assignment of New Mexico structured settlement payment rights, subject to a court’s review and approval based on showing that the proposed transfer is in the consumer’s "best interests," taking into account the welfare of the consumer’s dependents (if any). Requires certain disclosures and other consumer protections.