States New Mexico District of New Mexico

District of New Mexico

Federal Judicial District · FY2024 · AOUSC Judicial Caseload Statistics

Statistical information only — not legal advice. Consult a bankruptcy attorney for guidance on your specific situation.

3,841

Total Filings

lower-volume district (FY2024)

2,312

Chapter 7

liquidation cases (FY2024)

1,460

Chapter 13

wage-earner plans (FY2024)

197

Business

corporate cases (FY2024)

Filing History

Year Total Ch. 7 Ch. 11 Ch. 12 Ch. 13
FY2024 3,841 2,312 64 5 1,460
FY2023 3,432 2,152 52 6 1,222
FY2022 3,068 2,099 37 7 925
FY2021 3,273 2,353 38 8 874
FY2020 4,309 3,064 56 6 1,183
FY2019 6,133 3,809 55 4 2,265
FY2018 6,172 3,845 54 4 2,269
FY2017 6,076 3,949 57 5 2,065
FY2016 6,288 4,257 58 6 1,967
FY2015 6,683 4,538 60 5 2,080

Year-over-Year Trend & Chapter Mix

60%

Chapter 7 share

3,644

Consumer filings

Filings increased 11.9% from FY2023 to FY2024 in the District of New Mexico.

What the District of New Mexico Data Shows

In FY2024, the District of New Mexico processed 3,841 federal bankruptcy petitions. Chapter 7 liquidations made up 60% of the caseload (2,312 cases), while Chapter 13 wage-earner repayment plans represented 38% (1,460 cases). Chapter 11 reorganizations — the path used by most complex corporate debtors — totaled 64, and Chapter 12 cases for family farmers and fishermen totaled 5. Business filings accounted for 5.1% of the district's total activity, with the remaining 3,644 filings classified as consumer cases.

AOUSC data for this district covers 10 fiscal years (FY2015–FY2024). Across that window, total filings fell 42.5%, with a pronounced trough during FY2020–FY2022 when federal pandemic relief programs suppressed filings nationwide. The district's Chapter 7 versus Chapter 13 mix is shaped by the presiding state's exemption laws, local attorney fee conventions, standing orders from the bankruptcy judges, and trustee practices — factors that can shift material outcomes like whether a debtor keeps a home or surrenders it.

These counts describe the population of filings in this district; they do not describe the success rate of any given case or predict how an individual filing will resolve. Chapter 13 completion rates, for example, vary widely between districts even within the same state, and Chapter 11 outcomes depend heavily on case-specific financing, creditor negotiations, and court-approved plans. This page is statistical information only and is not legal advice; anyone considering bankruptcy should consult a licensed attorney who practices in the District of New Mexico before relying on district-level averages for a personal decision.

Frequently Asked Questions

How many bankruptcy cases were filed in the District of New Mexico in FY2024?

The District of New Mexico had 3,841 total bankruptcy filings in FY2024. Of those, 2,312 were Chapter 7 (liquidation), 1,460 were Chapter 13 (wage earner plans), 64 were Chapter 11 (business reorganization), and 5 were Chapter 12 (family farmer/fisherman).

What types of bankruptcy can be filed in the District of New Mexico?

All four bankruptcy chapters (7, 11, 12, 13) can be filed in the District of New Mexico. Chapter 7 liquidation is the most common nationwide. Chapter 13 allows wage earners to repay debts over 3-5 years. Chapter 11 is primarily for businesses. Chapter 12 is reserved for family farmers and fishermen.

How have bankruptcy filings changed over time in this district?

The District of New Mexico has filing data from FY2015 through FY2024. Filings dropped sharply during 2020-2022 due to pandemic relief programs, and have been rising since as those programs expired. Nationally, the 2022 trough was the lowest in decades.

What is the difference between business and non-business bankruptcy filings?

In FY2024, the District of New Mexico had 197 business filings and 3,644 non-business (consumer) filings. Business filings typically use Chapter 11 for reorganization, while consumer filings are predominantly Chapter 7 or Chapter 13.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankruptcy Editorial