N.J.S.A. 2A:44-19.6

Action for debt

2A:44-19.6. Action for debt Nothing in this act shall be construed to bar any person from maintaining an action for debt against a customer, except that the proceeds of any sale, after deductions of expenses thereof, shall be credited upon the debt so due. If sale is held prior to entry of judgment, judgment shall be entered only for the amount of the debt then due and owing after application of the proceeds of the sale. L.1983, c. 528, s. 6, eff. Jan. 17, 1984.

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This is the verbatim text of N.J.S.A. 2A:44-19.6, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.