New Mexico Motion to Obtain Credit Pursuant to 11 U.S.C. 364 is a legal document used in the Bankruptcy Court of New Mexico to request permission to borrow money while in the midst of a Chapter 11 bankruptcy. The motion includes a request to the court to allow the debtor to enter into a loan agreement with a lender, to obtain new financing or to refinance existing debt as part of the bankruptcy proceedings. This type of motion is governed by Section 364 of the United States Code. There are three types of New Mexico Motion to Obtain Credit Pursuant to 11 U.S.C. 364: (1) First Day Motion to Obtain Credit, (2) Interim Motion to Obtain Credit, and (3) Final Motion to Obtain Credit. A First Day Motion to Obtain Credit must be filed on the day the bankruptcy petition is filed. An Interim Motion to Obtain Credit is filed after the First Day Motion and is intended to provide financing until the Final Motion is approved. The Final Motion must be filed before the end of the bankruptcy case. All types of Motion to Obtain Credit must include details about the proposed loan, such as the amount, interest rate, repayment terms, and any security to be provided.