Financial Education & Counseling

The Homewise mission is to help create successful homeowners and strengthen neighborhoods so that individuals and families can improve their long-term financial wellbeing and quality of life. Homewise offers a better way to buy a home, with everything you need to become a successful homeowner all under one roof. We’ll be with you every step of the way on your path to homeownership. Homewise agency also has sites in Santa Fe, NM.

A STABLE Account is an investment account available to eligible individuals with disabilities. STABLE Accounts allow individuals with disabilities to save and invest money without losing eligibility for certain public benefits programs, like Medicaid or SSI. Earnings in STABLE Accounts are not subject to federal income tax, so long as the account holder utilizes resources for “Qualified Disability Expenses.” STABLE Accounts are investment accounts, similar to 529 college savings accounts or 401(k) retirement accounts. A STABLE Account also allows the account holder to grow money and save long-term for disability expenses. ABLE New Mexico is New Mexico's ABLE plan. Although STABLE Accounts are available nationwide, ABLE New Mexico is only available to New Mexico residents.

The NMSBDC offers a range of services to help small businesses succeed in New Mexico.

Services include:

• Business Plan Development

• Access to Capital

• Continuity of Operations

• Online Commerce

• Protecting Intellectual Property

• Cyber Security

• Travel Mitigation

• Mitigating Disaster Effects

Locations include: Alamogordo, Albuquerque, Carlsbad, Clovis, Espanola, Farmington, Gallup, Grants, Hobbs, Las Cruces, Las Vegas, Los Alamos, Los Lunas, Roswell, Santa Fe, Silver City, Socorro (TCA, NM Tech), Taos, Tucumcari. For more specific contact information click on your location at https://www.nmsbdc.org/locations/.

• Credit Reporting Agencies

Provides free assistance for those facing financial distress by assisting individuals to navigate through the process of filing for personal bankruptcy (Chapter 7).

• Bankruptcy Assistance

Provides 24/7 hotline with housing counselors to help individuals avoid foreclosure and stay current on mortgage payments. Can act as a liaison with your lender, provide information, offer professional guidance, identify options, and connect you to additional resources.

Debt Reduction Services is a non profit full service debt management and credit counseling service organization.

Free budget and credit counseling, free credit report reviews, low cost debt management programs and free community wide educational programs.

Provides financial assistance hotlines for families.

Services Include:

• Rehab Helpline for Drugs and Alcohol (877) 467-4825
• Tax Relief Helpline (888) 452-7841
• Private Student Loan Relief Helpline (888) 669-1064
• Debt Relief Helpline  (888) 790-1337
• Free Bankruptcy Advice Hotline (888) 734-2585

For additional toll free helplines, click here.

Provides financial services solutions to people with disabilities and people in recovery.

Services Include:

• Guardianship Assistance
• Personal Finances Administration
• Representative Payee Services