Select your state

Civil litigation

judgments

The judgment is final decision made by the judge or jury that reflects how much the party who lost the lawsuit (the judgment debtor) owes the party who won the lawsuit (the judgment creditor)—including the rate of interest owed on the amount of the judgment until it is paid, the amount of court costs, and possibly the amount of the judgment creditor’s attorney fees the judgment debtor must pay as part of the judgment.

In New Mexico, a judgment is the final decision made by a judge or jury at the conclusion of a lawsuit. It specifies the amount of money that the losing party, known as the judgment debtor, must pay to the winning party, or judgment creditor. The judgment will include the principal amount owed, along with any applicable interest that accrues until the debt is paid in full. Additionally, the judgment may encompass court costs and, in some cases, attorney fees if the court finds it appropriate to award them. The rate of interest on the judgment is determined by state law, which can be found in the New Mexico Statutes. Once entered, a judgment is enforceable, and the judgment creditor can take various legal actions to collect the debt, such as wage garnishment or property liens. It is important for judgment debtors to understand their rights and obligations under the judgment, as failure to comply can result in further legal consequences.

Legal Articles

State Statutes

As a LegalFix Member You Will Be an Important Client of Local Law Firms

For about 82¢ a day you can have a LegalFix Legal Plan that includes initial consultations with an attorney at no additional charge—and additional legal services at reduced rates—all from top law firms in your state. Don't wait—be prepared for life's inevitable legal challenges, starting today.

And ask your employer, credit union, or membership group to offer LegalFix for even better pricing.

Learn More

Articles

Nonsuit in Civil Litigation: A Party's Voluntary Dismissal of a Lawsuit or of Certain Claims

Understand nonsuit in civil litigation: a plaintiff's voluntary case dismissal. Learn about its legal implications and state-specific rules.

Civil litigation

judgments

As a LegalFix Member You Will Be an Important Client of Local Law Firms

Articles

New-Mexico State Code

New-Mexico State Code

Civil litigation

judgments

Articles