2. The Legislature hereby finds and declares it to be the public policy of this State that homeowners should be given every opportunity to pay their home mortgages, and thus keep their homes; and that lenders will be benefited when residential mortgage debtors cure their defaults and return defaulted residential mortgage loans to performing status.
N.J. Stat. Ann. § 2A:50-54
Findings, declarations on payment of home mortgages
Applied in 1 court decision — leading case In Re Hatala (2003)
Most recently applied in In Re Hatala (July 2003)
L.1995,c.244,s.2.
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.