Legal Opinion

Ranchers State Bank of Belen v. Vega

New Mexico Supreme Court

Decided November 2, 1982No. 14309PublishedCited by 6 opinions

1Opinion of the Court

OPINION

SOSA, Senior Justice.

This case was brought in the District Court of Socorro County to foreclose a mortgage in favor of Ranchers State Bank of Belen (Ranchers). The United States Government intervened as plaintiff to foreclose a judgment lien against the same real estate. Foreclosure was granted subject to a homestead exemption of $20,000. The court later amended its judgment by decreasing the exemption amount to $10,000. Defendant Mary Vega appeals from the amended judgment. We affirm the district court’s amended judgment.

The issue to be determined on appeal is whether a legislative…

2Cases cited4 opinions

  1. Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
  2. Edwards v. KearzeySupreme Court of the United States · 1878
  3. Rubalcava v. GarstNew Mexico Supreme Court · 1949
  4. Pugh v. Heating Plumbing Finance CorporationNew Mexico Supreme Court · 1945

3Cited by6 opinions

  1. Swink v. FingadoNew Mexico Supreme Court · 1993
  2. Title Guaranty & Insurance v. CampbellNew Mexico Court of Appeals · 1987
  3. In Re CisnerosUnited States Bankruptcy Court, D. New Mexico · 2000
  4. In Re PachecoUnited States Bankruptcy Court, D. New Mexico · 2006
  5. In re TapiaUnited States Bankruptcy Court, D. New Mexico · 2019

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