2011 New Mexico Statutes
Chapter 42: Actions and Proceedings Relating to Property
Article 10: Exemptions, 42-10-1 through 42-10-13
Section 42-10-1: Exemptions of married persons or heads of households.
42-10-1. Exemptions of married persons or heads of households.
Personal property in the amount of five hundred dollars ($500), tools of the trade in the amount of fifteen hundred dollars ($1,500), one motor vehicle in the amount of four thousand dollars ($4,000), jewelry in the amount of twenty-five hundred dollars ($2,500), clothing, furniture, books, medical-health equipment being used for the health of the person and not for his profession and any interest in or proceeds from a pension or retirement fund of every person supporting another person is exempt from receivers or trustees in bankruptcy or other insolvency proceedings, fines, attachment, execution or foreclosure by a judgment creditor. Property exempted shall be valued at the market value of used chattels.
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