New Jersey · New Jersey Revised Statutes — Title 2C, The New Jersey Code of Criminal Justice
N.J.S.A. Title 2C § 2C:21-13: Fraud in insolvency
What this law says, in plain English
A person commits fraud in insolvency by knowingly destroying, concealing, transferring property, falsifying records, or misrepresenting information during creditor proceedings. Penalties vary by benefit amount: second-degree crime for $75,000+, third-degree for $1,000–$74,999, fourth-degree for $1,000 or less.
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