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What Is a Financial Affidavit? A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts and assets. It allows a court to figure out how much spousal support and child support it should award.
Both spouses are required to submit a Financial Affidavit in divorce cases. These documents provide each spouse with information about the other spouse's financial situation. When you complete the Financial Affidavit, you will need to include the following information: Your identity.
It is a document used by the judge to assess your income, expenses, assets, and debts. The information you provide in the affidavit must be true.
What Is a Financial Affidavit? A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts and assets. It allows a court to figure out how much spousal support and child support it should award.
Both spouses are required to submit a Financial Affidavit in divorce cases. These documents provide each spouse with information about the other spouse's financial situation. When you complete the Financial Affidavit, you will need to include the following information: Your identity.
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Both spouses are required to submit a Financial Affidavit in divorce cases. These documents provide each spouse with information about the other spouse's financial situation. When you complete the Financial Affidavit, you will need to include the following information: Your identity.
It is very important to be honest when completing your financial affidavit. If the court discovers that you have lied about your income, property, expenses, or debts, you could face serious repercussions. The court may even find you in contempt of court, which could result in fines or possibly jail time.
Illinois Legal Aid Online has an online program to help you prepare a fee waiver. If the court grants your request to waive fees, you will not have to pay any court costs\u2014such as filing fees or fees for issuance of service of process\u2014during your divorce.
It is a document used by the judge to assess your income, expenses, assets, and debts. The information you provide in the affidavit must be true.
How can you get evidence of unreported income? 1. Forensic accounting can often uncover hidden income. Your attorney may be able to subpoena your ex-spouse's tax returns, credit card records, bank statements and other financial records to prove that his or her expenses exceed the amount of income he or she is claiming.

illinois divorce financial affidavit