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Debt Relief FAQ

Debt relief comes in many options in Arizona. You can determine which would be best for you and your financial situation. Luckily, there are laws to counter debt collectors. You can find the best option for you.

Arizona follows the Fair Debt Collections Practices Act (FDCPA) to keep debt collectors from causing unnecessary practices. These involve deception and unfair practices onto a debtor. These unfair practices would include a debt collector make false statements towards a debtor when trying to collect a debt. It is also harassment by contacting a debtor threatening violence, profanity or calling multiple times that exceeds the limit of calls that can be made.

We provide forms that will offer legal action against debt collectors or debt relief.


What is a Financial Affidavit?

A financial affidavit is an official document that provides detailed information about a person's finances, including their income, expenses, assets, and debts. In the state of Arizona, a financial affidavit is commonly used in legal proceedings related to divorce, child support or alimony. It helps the court determine the financial status of individuals involved in the case, and assists in making fair decisions regarding financial matters. The affidavit must be completed accurately and honestly, as any false information can have serious legal consequences.


When a Financial Affidavit is Needed

A financial affidavit is needed in Arizona when you are involved in a divorce, child support, or spousal maintenance case. It is a document that provides details about your income, expenses, assets, and debts. The court requires this affidavit to understand your financial situation and make fair decisions. It is essential to be honest and accurate when filling out the financial affidavit, as it plays a crucial role in determining child support, alimony, property division, and other financial matters. It helps ensure that everyone involved in the case has a clear picture of each party's financial circumstances.


Consequences of Not Having a Financial Affidavit

Not having a financial affidavit in Arizona can lead to significant consequences. A financial affidavit is a legal document that provides detailed information about a person's income, expenses, assets, and liabilities. It is typically required in cases involving divorce, child support, or spousal maintenance. Without a financial affidavit, it becomes challenging for the court to determine a fair and accurate resolution. Consequently, the person who fails to provide this document may face negative outcomes, such as the court ruling in favor of the other party without considering their financial situation or facing legal penalties for non-compliance. It is crucial to provide a financial affidavit to ensure a fair legal process.


How To Write a Financial Affidavit

Writing a financial affidavit in Arizona may seem overwhelming, but it can be fairly straightforward with a few simple steps. Firstly, gather all the necessary financial information, including income, expenses, and assets. This can be done by reviewing bank statements, pay stubs, and tax returns. Next, carefully organize this information into categories, such as monthly bills or investments. Then, create a comprehensive list of all your assets and their values. It's important to be accurate and honest while completing this document. Lastly, when writing the financial affidavit, use clear and concise language to describe your financial situation. Make sure to include all relevant information required by Arizona's guidelines. By following these steps and using simple terms, you can easily write an accurate financial affidavit in Arizona.


Step 1 – Fill out Affiant Information

In Arizona, Step 1 is all about providing your personal information as an affine. This means filling out a form or document with details about yourself. It's like introducing yourself to show your identity. You'll need to write down basic things like your name, address, and maybe even some contact information. Giving this information helps establish that you are a credible and reliable individual.