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Real Estate & Property Law

: The Home Equity Theft Reporter

NJ Appeals Court Slams Shut 'Loophole' Allowing Judgment Creditors To Obtain 'Double Recoveries' When Enforcing Liens Thru Forced Property Sales

By r morris

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Lexology reports:On August 4, 2010, the New Jersey Superior Court, Appellate Division extended equitable principles previously applied in mortgage foreclosure cases to how far an unsecured judgment creditor could go to satisfy its lien against a debtor, deciding to follow a line of cases standing for the principal that ?even in the absence of express statutory authorization, a court has inherent

Full post as published by The Home Equity Theft Reporter on October 28, 2010 (boomark / email).

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