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New Jersey Statutes, Title: 2A, ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE

    Chapter 55: Liability of any of joint debtors served; judgment and execution; special judgment as against those served by publication

      Section: 2A:55-6: Compromise of joint indebtedness

           Joint debtors may individually compromise with their creditors for their joint indebtedness in the same manner and with like effect as partners on the dissolution of the partnership may compromise with their creditors as provided by sections 42:5-1 to 42:5-5 of the title Partnerships and Partnership Associations, of the Revised Statutes.

L.1951 (1st SS), c.344.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 2a:55-6 (if available):



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