Legal Question in Family Law in New Jersey

Re: parents filing a lien against account held in escrow

The loan by your parents is a marital debt to be part of equitable distribution of assets and liabilities acquired and incurred during the marrige. The funds from the closing should be held by the closing attorney and possibly deposited with the Court as part of the divorce for distribution when the is a final disposition in the action for divorce.

I would suggest that you hire an attorney for your divorce because this form of legal consultation is of limited value.

Gary Moore, Esquire

Hackensack, New Jersey

www.garymooreattorneyatlaw.com

Re: parents filing a lien against account held in escrow

I have read Attorney Gary Moore's response, and he is correct, this is a debt incurred while you were married, and the money used for improving the house, and so repayment of this debt should be part of the divorce judgment.

I am surprised that your divorce attorney has not given you some advice on this. If you do not have a divorce attorney, I strongly suggest that you hire one, now. Find someone who spends at least half of their time on divorce work, and has some experience, and is located reasonably close to you.

If you would like, give me a call. My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru, and I will give you a free initial consultation.

Disclaimer: you can not rely on the advice of an attorney given over the internet. The exact facts of your situation, including facts which you have not mentioned in your question, may completely change the result for your situation.