Form CAFC040 - Property and Debt Statement and Proposed - courts mo 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the case information, including the Missouri county and case number at the top of the form.
  3. Fill in the Petitioner’s and Respondent’s information, ensuring all names are complete with first, middle, last names, and any suffixes.
  4. In Part One, list all marital and nonmarital property as well as debts. Use separate rows for each item and mark through any unused rows to prevent alterations.
  5. Answer 'Yes' or 'No' for each property owned by both parties. Attach necessary documents like deeds for real estate.
  6. In Tables 1 and 2, specify which properties are awarded to each spouse along with their fair market values without deducting any debts.
  7. Complete Tables 3 and 4 by listing debts assigned to each party, including current balances and monthly payments.
  8. In Part Two, address maintenance provisions if applicable. Clearly state amounts and conditions for payment.
  9. Finally, certify under oath that you have provided a copy of this statement to the other party before a notary public.

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The following are six critical sections that must be included: Title. This is either your name (Affidavit of Jane Doe) or the specific case information. Statement of identity. The next paragraph tells the court about yourself. Statement of truth. Statement of facts. Closing statement of truth. Sign and docHub.
In community property states, the courts consider debt incurred during the marriage as the debt of both spouses, regardless of whether both spouses names were on the debt. In other states, such as Missouri, the courts divide marital debt equitably, so spouses are generally only responsible for the debt they incurred.
How to fill out the Affidavit of Property and Debt Form? Start by gathering all necessary documents related to your assets and debts. Fill in your real estate interests, including market value and mortgage balance. Provide information on other assets, such as vehicles, accounts, and retirement plans.
Missouri courts typically divide marital debts based on each spouses ability to pay, as well as their financial situation and contributions to the debt. Just like with assets, the court uses equitable distribution to determine how debts should be shared.
The purpose of the Affidavit of Property and Debt is to provide a complete financial picture of the individual involved in legal proceedings. This form is particularly critical in situations such as divorce, where accurate asset division is required.

People also ask

How to Write an Affidavit of Ownership: Step-by-Step Guide Step 1: Identify Yourself. The affidavit begins with a statement identifying you as the affiant (the person making the affidavit). Step 2: Declare Your Ownership. Step 3: Make the Affirmation. Step 4: Signature and Notary.
To properly fill out your financial affidavit or statement, include the following; Docket number and name of the case, including names of both parties. Your income from all sources, including overtime, bonuses, social security, tips, interest, other spousal support, and commissions.