In lieu of a sale, the officer levying the execution may, in his own name as such officer, liquidate such rights and credits by collection, or, with the assent of the judgment creditor and subject to the provisions of this article, in any other manner.
N.J. Stat. Ann. § 2A:17-61
Liquidation of rights and credits by levying officer
Applied in 1 court decision — leading case Skevofilax v. Quigley (1987)
Most recently applied in Skevofilax v. Quigley (January 1987)
L.1951 (1st SS), c.344.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.