There is a newer version of the New Jersey Revised Statutes
2016 New Jersey Revised Statutes
Title 2a - Administration Of Civil And Criminal Justice
Section 2A:55-6 - Compromise Of Joint Indebtedness
NJ Rev Stat § 2A:55-6 (2016) What's This?
2A:55-6. Compromise of joint indebtedness
Joint debtors may individually compromise with their creditors for their joint indebtedness in the same manner and with like effect as partners on the dissolution of the partnership may compromise with their creditors as provided by sections 42:5-1 to 42:5-5 of the title Partnerships and Partnership Associations, of the Revised Statutes.
L.1951 (1st SS), c.344.
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