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SUMMIT BANK v. VESSEL "HARBOR LIGHT"

No. CIV. 95-1803(JBS).

260 B.R. 694 (2001)

SUMMIT BANK, Plaintiff, v. THE VESSEL "HARBOR LIGHT," in rem, and Robert L. Nicholson, in personam, Defendants.

United States District Court, D. New Jersey.

April 11, 2001.

Attorney(s) appearing for the Case

John A. Boyd, Stone Harbor, NJ, for Plaintiff.

Thomas J. Orr, Burlington, NJ, for Defendants.

OPINION

SIMANDLE, District Judge.

The instant matter is before the Court on motion of defendant Robert L. Nicholson ("Nicholson"), made pursuant to N.J.S.A. 2A:16-49.1, to cancel and discharge a default judgment entered by this Court in the amount of $57,259.68 on July 31, 1995. Nicholson, whose debts were discharged in bankruptcy on March 22, 1996, claims that the judgment impairs the homestead exemption to which he was entitled in bankruptcy...

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