New Jersey § 38:23c-23
Full text of New Jersey New Jersey Statutes § 38:23c-23, with citation guidance and answers to common questions.
§ 38:23c-23.
a. A person may, at any time during his period of military service or within 6 months
thereafter, apply to a court for relief in respect of any obligation or liability
incurred by such person prior to his period of military service or in respect of any
tax or assessment whether falling due prior to or during his period of military service. The court, after appropriate notice and hearing, unless in its opinion the ability
of the applicant to comply with the terms of such obligation or liability or to pay
such tax or assessment has not been materially affected by reason of his military
service, may grant the following relief: In the case of an obligation payable under its terms in installments under a contract
for the purchase of real estate, or secured by a mortgage or other instrument in the
nature of a mortgage upon real estate, a stay of the enforcement of such obligation
during the applicant's period of military service and, from the date of termination
of such period of military service or from the date of application if made after such
service, for a period equal to the period of the remaining life of the installment
contract or other instrument plus a period of time equal to the period of military
service of the applicant, or any part of such combined period, subject to payment
of the balance of principal and accumulated interest due and unpaid at the date of
termination of the period of military service or from the date of application, as
the case may be, in equal installments during such combined period at such rate of
interest on the unpaid balance as is prescribed in such contract, or other instrument
evidencing the obligation, for installments paid when due, and subject to such other
terms as may be just. In the case of any other obligation, liability, tax, or assessment, a stay of the
enforcement thereof during the applicant's period of military service and, from the
date of termination of such period of military service or from the date of application
if made after such service, for a period of time equal to the period of military service
of the applicant or any part of such period, subject to payment of the balance of
principal and accumulated interest due and unpaid at the date of the termination of
such period of military service or the date of application as the case may be, in
equal periodic installments during such extended period at such rate of interest as
may be prescribed for such obligation, liability, tax, or assessment, if paid when
due, and subject to such other terms as may be just. b. When any court has granted a stay as provided in this section, no fine or penalty
shall accrue during the period the terms and conditions of such stay are complied
with by reason of failure to comply with the terms or conditions of the obligation,
liability, tax, or assessment in respect of which such stay was granted.
Frequently Asked Questions About New Jersey § 38:23c-23
What does New Jersey Statutes § 38:23c-23 cover?
Section 38:23c-23 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 38:23c-23?
A common citation format is "New Jersey Statutes § 38:23c-23" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 38:23c-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.