Michigan Affidavit of Financial Responsibility

State:
Multi-State
Control #:
US-00492BG
Format:
Word; 
Rich Text
Instant download

Description

The following form is an affidavit which attests to the financial responsibility of affiant.
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Affidavit

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FAQ

An Affidavit of Support, also called the Form I-864, is a document an individual signs to accept financial responsibility for the applicant who is coming to live in the United States.

To properly fill out your financial affidavit or statement, include the following;Docket number and name of the case, including names of both parties.Your income from all sources, including overtime, bonuses, social security, tips, interest, other spousal support, and commissions.More items...?

A financial affidavit is a statement of a party's income, expenses, assets, and liabilities.

In your Affidavit, you'll want to cover information like: the name of the affiant (that is, the person making the affidavit); a list of all sources of income; the name of the affiant's employer, and if unemployed, what efforts the affiant has made to find employment; the monthly deductions from the affiant's salary or

The Financial Affidavit is a comprehensive form mandated by the Illinois Supreme Court requiring divorcing couples to fully disclose their expenses, assets and debts to the other party at the onset of the divorce proceedings.

Value of Your Interest This is the amount of the bank account divided among its owners on a percentage basis.

A financial affidavit is a written statement that shows your income, expenses, assets, and liabilities. A financial affidavit is a complete picture of your financial situation at the time that you (the affiant), signs the document. Financial affidavits are presented to courts under oath.

A financial affidavit is like getting on the stand and testifying. You are swearing to the court that you're telling the truth. If a lie is uncovered, it is technically perjury, so if it's a big enough lie or you're belligerent about it, you could be charged with perjury and face sanctions including criminal charges.

Affidavits verify the legitimacy of a claim and are used in conjunction with witness statements or other related evidence in a dispute or a criminal matter. The person who signs the affidavit must be personally aware of the facts contained within, and he or she must swear that the affidavit is 100% true.

In concept, a financial affidavit is a simple document. It is a sworn statement of your income, expenses, assets and liabilities. The form for the affidavit is prescribed by the Florida Supreme Court. Both parties must file and serve a financial affidavit in a divorce case.

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Michigan Affidavit of Financial Responsibility