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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.

The Division of Revenue and Enterprise Services (DORES) adopted this registration procedure to assist you in becoming aware of and understanding all of the taxes and related liabilities to which a new business or applicant for a license may be subject.

The creditor can often place a lien on your property, such as a house or car. The lien must usually be paid off before you can sell the property. Seize assets. Sometimes, a creditor can get a court order to seize other assets or personal property you own, such as a vehicle or real estate, to satisfy the debt.

In order to have a Judge Vacate a Final Judgment, you must show ?Excusable Neglect? for not coming to Court sooner, and you must also show a ?Meritorious Defense.? One of the most common reasons the court will grant a motion to vacate final judgment is that you were never served with the Complaint.

Under New Jersey law, each debtor is entitled to an exemption protecting $1,000 of personal property from collection to satisfy a judgment. In addition, welfare, social security and unemployment benefits are protected from judgment levy.

OPRA is the State statute that replaces the old ?Right to Know Law? which governs the public's access to government records in New Jersey. The law is compiled in the statutes as N.J.S.A. A-1 et seq.