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Illinois Proof Of Service (Comprehensive Financial Statement)

State:
Illinois
Control #:
IL-P2-D-035
Format:
PDF
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Description

Proof Of Service (Comprehensive Financial Statement)

Illinois Proof Of Service (Comprehensive Financial Statement) is a document prepared in accordance with the Illinois Supreme Court Rules. It is used to provide an account of all financial assets and liabilities of the parties involved in a divorce case. The document is usually prepared by the party responsible for filing the case and is intended to provide a full picture of the financial situation of both parties, including income, assets, liabilities, and expenses. The Comprehensive Financial Statement includes three parts: the Summary of Assets and Liabilities, the Statement of Financial Affairs, and the Schedules. The Summary of Assets and Liabilities provides a snapshot of each party's assets and debts. The Statement of Financial Affairs outlines the party's income, expenses, and any other financial information. The Schedules provide detailed information on each party's assets, debts, and income. There are two types of Illinois Proof Of Service (Comprehensive Financial Statement): the Short Form and the Long Form. The Short Form is used when only a summary of assets and liabilities is needed, whereas the Long Form is more detailed and is used when a more comprehensive financial statement is required.

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FAQ

For an uncontested divorce to be finalized, the spouse who petitioned for divorce by filing with the county court must appear at the final hearing. The other spouse is not required to attend, as long as he or she has signed all the necessary documents regarding the marital settlement agreement.

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.

13.3. 1 Mandatory Disclosure. When further relief is sought from the court and a material change of circumstances has occurred, an updated completed ?Financial Affidavit? must be served on the other party no less than seven (7) days prior to any hearing.

During the uncontested divorce hearing, the lawyer(s) or the judge will ask the parties a series of questions. The questions are designed to help the judge establish that the court has jurisdiction, that there is a cause of action, and that there is a voluntary agreement between the parties.

When you are getting a divorce in Illinois, the courts require that each spouse submit a full financial disclosure in order to ensure the final divorce settlement is fair for both sides. One of the most critical documents that both parties must submit is a financial affidavit.

For example, in Illinois, the rules generally require an ?affidavit? be notarized, though there are specific types of affidavits to which the requirement does not apply, such as affidavits being filed in support of a motion for summary judgment or a motion for involuntary dismissal.

To start the uncontested divorce process, you or the other party files the necessary paperwork with your county's clerk of courts. Whoever files has to serve the other party or that other party must sign an Entry of Appearance. After the initial filing and response, the court schedules your hearing.

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Illinois Proof Of Service (Comprehensive Financial Statement)