New Jersey Assignment of Judgment to Attorney for Collection

State:
Multi-State
Control #:
US-02701BG
Format:
Word; 
Rich Text
66 downloads

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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

All such assignments of judgment must be in writing, showing the date thereof; the name and address of the assignor and assignee; the amount of the judgment or the amount remaining due on the judgment, whichever is lesser, and when and by what court the judgment was granted; a statement describing the rights assigned; ...

If the money is not collected (liens) Request to have the judgment recorded as a lien against any real estate the debtor owns. Once the judgment is recorded in the Superior Court, the debtor cannot sell with clear title any real estate owned in New Jersey until the debt is paid.

Assignee: A person or business that is put in the place of the original creditor, such as a collection agency. You can assign your judgment to another person or business. assignment: Choosing someone to do something.

If you were awarded a judgment in another state, you can request that it be enforced in New Jersey. You need to provide the foreign judgment with an affixed seal from the issuing court. You also need to attach an affidavit attesting to your status as judgment creditor.

After a default judgment has been entered in the court record, the Office of the Special Civil Part will mail you a postcard that shows the date and amount of the judgment entered by the court against the defendant.

To record a judgment, you should request a Statement for Docketing from the Office of the Special Civil Part in the county where the case was heard. The Statement for Docketing must be filed with the Clerk of the Superior Court, Richard J. Hughes Justice Complex, P.O. Box 971, Trenton, N.J. 08625.

File the Form The completed WOS and filing fee should be submitted to: Clerk of the Superior Court Clerk, P.O. Box 971, 25 Market Street, Trenton, New Jersey 08625. For further information regarding the filing of a WOS, the Clerk's telephone number is 609-421-6100.

The statute of limitations on a judgment is 20 years ? not six. Further, a creditor can renew the judgment. Also, he said, there is an exception to NJ Statute of Limitation law. ?The six-year statute of limitation does not apply to contracts between merchants or a sale of goods under NJ's Commercial Code.

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New Jersey Assignment of Judgment to Attorney for Collection