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New Jersey Statutes, Title: 2A, ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
Chapter 50: No personal deficiency judgment in foreclosure actions or execution thereon for balance due
Section: 2A:50-59: Reinstatement of mortgage relationship
7. If a debtor is successful in curing the default under a repayment plan approved by the United States Bankruptcy Court, the residential mortgage relationship between the parties is reinstated, and the debtor is restored to the same position held before the default or acceleration.
L.1995,c.244,s.7.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 2a:50-59 (if available):
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