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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.
We believe that Roth sets forward the state of the law in Illinois as to what is required in an affidavit and that Robidoux presents an exception to this law. Thus, unless otherwise provided for by a specific supreme court rule or statutory authorization, an affidavit must be notarized to be valid.
At the beginning of an Illinois divorce or whenever an Illinois divorce is reopened, the parties must exchange financial affidavits with each other.
A financial affidavit is a statement of a party's income, expenses, assets, and liabilities.
No, an Affidavit given on the requisite value of the stamp papers is not a valid document. Affidavits shall be sworn before the officers referred to in section 139 of the Code of Civil Procedure, 1908. I agree with Mr. Janardhana Reddy.