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NEW JERSEY STATUTES AND CODES

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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