This is a status report provided by the New Jersey State Bar Association on recently passed and pending legislation, regulations, gubernatorial nominations and/or appointments of interest to lawyers, as well as the involvement of the NJSBA as amicus in appellate court matters. To learn more, visit njsba.com.
Legalization of for-profit debt adjusters gets nod from Senate Commerce Committee
A bill that would permit for-profit debt adjusters to operate legally in New Jersey received a unanimous vote, moving it out of the Senate Commerce Committee. The New Jersey State Bar Association opposes S-3499 (Pou) because the association believes there is the potential that for-profit debt adjusters may prey on vulnerable New Jersey citizens. Ronald I. Levine testified on behalf of the NJSBA before the committee last week, raising concerns about the bill and promising to work with the sponsor on potential amendments.
