What Creditors Can't Take in New Jersey

Money, home and vehicle exemptions that protect your property from creditors in New Jersey.

Short answer: No general dollar exemption for bank accounts. Child support, welfare, Social Security, SSI, veterans' and unemployment benefits cannot be levied. NJ Courts, Collecting a Money Judgment (CN 10282); How to Object to a Bank Account Levy (CN 12323)

Money protected in a bank account	No general dollar exemption for bank accounts. Child support, welfare, Social Security, SSI, veterans' and unemployment benefits cannot be levied. A debtor whose account is frozen can file a Certification in Objection to Levy, with three months of bank statements, to show the money is exempt. Source: NJ Courts, Collecting a Money Judgment (CN 10282); How to Object to a Bank Account Levy (CN 12323)
Vehicle exemption	No separate vehicle exemption. The debtor keeps $1,000 worth of personal property plus wearing apparel; a vehicle registered to the debtor with equity can be seized under a writ. The underlying statute (N.J.S.A. 2A:17-19) was not read. Source: NJ Courts, Collecting a Money Judgment (CN 10282)

Money protected in a bank account

No general dollar exemption for bank accounts. Child support, welfare, Social Security, SSI, veterans' and unemployment benefits cannot be levied. A debtor whose account is frozen can file a Certification in Objection to Levy, with three months of bank statements, to show the money is exempt.

Source: NJ Courts, Collecting a Money Judgment (CN 10282); How to Object to a Bank Account Levy (CN 12323)

Vehicle exemption

No separate vehicle exemption. The debtor keeps $1,000 worth of personal property plus wearing apparel; a vehicle registered to the debtor with equity can be seized under a writ.

The underlying statute (N.J.S.A. 2A:17-19) was not read.

Source: NJ Courts, Collecting a Money Judgment (CN 10282)

More New Jersey debt & collections

FAQ

How much money in a bank account is protected from creditors in New Jersey?

Can a creditor take my car in New Jersey?

No separate vehicle exemption. The debtor keeps $1,000 worth of personal property plus wearing apparel; a vehicle registered to the debtor with equity can be seized under a writ.

General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.