Defrauding Secured Creditors

Defrauding Secured Creditors

In New Jersey, a charge of Defrauding Secured Creditors can result in a felony criminal record. The act states:

N.J.S.A. 2C:21-12. Defrauding Secured Creditors. A person is guilty of a crime of the fourth degree when he destroys, removes, conceals, encumbers, transfers or otherwise deals with property subject to a security interest with purpose to hinder enforcement of that interest.

SOURCE. N.J.S. 2A:111-20; C. 2A:111-21.1 (1964, c. 179); N.J.S. 2A:122-2; Model Penal Code: 224.10.

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At the Newark Law Offices of Kevin Crawford Orr, we can help with your the defense of your New Jersey White Collar crime of Defrauding Secured Creditors. Contact us today to find out more about your options.