New Mexico Current Income of Individual Debtors — Schedule — - Form 6I - Post 2005 is a legal form used in the state of New Mexico to disclose the current income of individual debtors in bankruptcy cases. This form is required for bankruptcy proceedings initiated after 2005. The purpose of Schedule I is to provide a comprehensive overview of the debtor's income sources, enabling the bankruptcy court to assess their ability to repay their debts. It is essential in determining the feasibility of a repayment plan or eligibility for chapter 7 bankruptcy. This form requires detailed information about various sources of income, including employment wages, self-employment income, rental or investment income, pension or retirement benefits, and any other sources of regular income. Debtors must accurately report their gross monthly income from these sources and provide supporting documentation if required. The completion of this form helps creditors and the bankruptcy court gain insight into the debtor's financial situation, enabling them to evaluate the appropriateness of proposed repayment plans. The accuracy and honesty in disclosing income details are crucial to ensure a fair and lawful bankruptcy process. Different types or versions of New Mexico Current Income of Individual Debtors — Schedule — - Form 6I - Post 2005 typically include variations for different types of bankruptcies, such as Chapter 7 or Chapter 13, based on the specific requirements of each chapter. In conclusion, New Mexico Current Income of Individual Debtors — Schedule — - Form 6I - Post 2005 is a crucial document in bankruptcy cases filed after 2005. It collects detailed information about the debtor's income from various sources, aiding in evaluating repayment plans and determining the feasibility of different bankruptcy chapters. Accuracy and transparency in reporting income are vital for ensuring a fair and lawful bankruptcy process.