NJ A4651

Prohibits causing another person to incur "coerced debt," defined as debt incurred through identity theft, force, threats, fraud, coercion, or economic abuse against the debtor (excludes secured debt)

Allows victims to sue in court for relief, with mandatory court orders absolving the victim of liability and transferring debt responsibility to the perpetrator

Requires credit bureaus, collection agencies, and creditors to remove coerced debt references from victim's files within 10 days of receiving court order notification

Perpetrators must reimburse victims for all financial losses resulting from the coerced debt

Creditors and reporting agencies that violate the law face civil liability for actual damages and reasonable attorney's fees