New Mexico Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act form is a legal document specific to bankruptcy cases filed under Chapter 12 of the United States Bankruptcy Code. This form is utilized in New Mexico to grant a discharge to debtors who have successfully completed their Chapter 12 repayment plan before its scheduled completion. Chapter 12 bankruptcy is designed for family farmers and fishermen facing financial distress. It allows them to reorganize their debts and develop a feasible repayment plan over a three- to five-year period. The purpose of this form is to provide a mechanism for debtors to be discharged from their obligations once they have fulfilled their planned payments, despite the Chapter 12 plan not being fully completed. Keywords: New Mexico, Order Discharging Debtor, Chapter 12 Plan, updated 2005 Act, bankruptcy, legal document, discharge, repayment plan, family farmers, fishermen, financial distress. Different types of New Mexico Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act forms may include variations based on specific circumstances or updates to state or federal bankruptcy laws. Some potential variations of this form could be: 1. Amended Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act form: This version might be used if there are any modifications or revisions required after the initial discharge order has been granted. It allows for corrections or changes to be made to the original form. 2. Expedited Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act form: This type of form could be used in situations where debtors face exceptional circumstances that necessitate an early discharge from their Chapter 12 plan. It expedites the discharge process and reduces the repayment period. 3. Disputed Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act form: If there are disagreements or disputes among creditors, the debtor, or the bankruptcy court regarding the discharge before completion of the Chapter 12 plan, this form may be utilized. It allows for the resolution of disputes and clarifies the final discharge status. 4. Stipulated Order Discharging Debtor Before Completion of Chapter 12 Plan — updated 2005 Act form: This type of form is used in cases where the debtor and creditors have agreed upon the discharge before completion of the Chapter 12 plan. It signifies a mutually decided resolution and is typically submitted jointly by the debtor and the creditors involved. Remember, these variations are hypothetical and may not correspond to actual forms used in New Mexico specifically. It is crucial to consult with a bankruptcy attorney or appropriate legal resources to access the most up-to-date and accurate forms required for each unique bankruptcy situation.