An Affidavit of Financial Status form is used when a party wishes to notify the Court of his/her financial status with regards to their assets and debts. This information is needed in order to equitably distribute all marital property.
Affidavit Of Financial Status With No Income
State:
Iowa
Control #:
IA-508D
Format:
PDF
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Lying on a financial affidavit in Florida is a serious offense, and can lead to jail time, financial penalties, and verbal reprimands. In Florida, a financial affidavit consists of four key pieces of information: debts, assets, income, and expenses.
Be sure that your financial affidavit is notarized before filing it with the Court, as the statute requires the document be sworn.
If you refuse to provide financial disclosure as part of the financial court process the court can make orders against you requiring financial disclosure. You will be in contempt of court if you breach the order.
The requirement that each party file a completed Financial Affidavit cannot be waived and the Affidavit must be filed. If you and the other party agree to waive the requirements of the Mandatory Disclosure Rule you may file a Waiver of Mandatory Disclosure with the court.
Mandatory disclosure is required but can be waived by written agreement of both parties. Waiver of mandatory disclosure typically only occurs in an uncontested divorce. However, you cannot waive the requirement that you complete and file a Financial Affidavit.
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Case No. ) ) Defendant. Financial Affidavit forms are a way to show how one party's income does not meet their monthly expenses.WARNING TO BOTH PARTIES: This Affidavit is an important document. You must fill out this Affidavit completely, and provide accurate information. Case No. Judge. Magistrate. Even though it may sound rather straightforward at first, many women find that completing a Financial Affidavit is anything but easy. How do I fill out the Financial Affidavit? The form has instructions in the column on the left side to help you.