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Job loss isn't the end of the road

Times are tough, but it may be comforting to know that many others are in the same boat. As unemployment continues to skyrocket across New Mexico, you may have reasonable concerns about your family's emotional and financial well-being. That's especially the case if you get laid-off.

However, it's important to remain diligent during this turbulent period.

How can I make good use of my unemployment?

While unemployment can cause feelings of uncertainty and anxiety, it's important to remember it's usually temporary. Fortunately, there are plenty of things you can do in the meantime:

  • Pick up a side hustle to gain some extra income, even if it's not related to your occupation.
  • Call old friends and family you haven't spoken to in a while.
  • File for New Mexico state unemployment benefits.
  • Look into other programs that can provide short-term support for you and your family.

Hard times can lead to new beginnings

Job loss can be brutal. But sadly, for many in New Mexico, a recent lay-off could send them into financial turmoil. Some families may fear they'll lose their homes and other valuables if their debts become insurmountable and creditors threaten to sue.

But despite the chaos, there is light at the end of the tunnel. Depending on your circumstances, filing for Chapter 7 or Chapter 13 bankruptcy could provide the relief you need. An experienced and compassionate attorney can help clients lift their debt burdens and give them a chance to start over.

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