2A:50-59. Reinstatement of mortgage relationship
46 words·~1 min read·
/nj/title-2a/chapter-50/2a-50-59A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7. If a debtor is successful in curing the default under a repayment plan approved by the United States Bankruptcy Court, the residential mortgage relationship between the parties is reinstated, and the debtor is restored to the same position held before the default or acceleration.
L.1995,c.244,s.7.