A client owes a few thousand dollars from a divorce completed last month. She doesn't earn much, but she and her ex are co-owners of a business and the property it sits on ($600K+ net value). Client hasn't paid her bill. We've discussed her providing a lien against the business -- i.e., I'll get paid when it sells (but no chance I get "forgotten" when the sale goes through). H is 66 and in poor health - he's indicated he'll sell in the next year.
Representation is 100% complete and the case closed (no Rule 5:3-5(b) issue).
How would I record such a thing? Does it need to be a mortgage against the property? Has anyone ever done this? Anyone have a form agreement and some idea how to file it as a lien?
Thanks,
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David Perry Davis, Esq.
112 West Franklin Avenue
Pennington, NJ 08534
www.FamilyLawNJ.pro
Voice: 609-737-2222
Fax: 609-737-3222
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