Affidavit Hide Amount Field For Free

Whether done as revenge or for personal gain, hiding assets in a divorce can cause trouble for everyone involved. California follows community property laws, meaning that all the assets you accumulated with your spouse during your marriage are eligible for division in the divorce.

People hide assets for a variety of reasons, but the main one usually is not having to share the majority of their money with their divorcing partner. These people often use a variety of dirty tricks to lie, including undervaluing, hiding or understating marital property.

If the court uncovers hidden assets, you may be held in contempt of court and may face fines and a jail sentence. Lose creditability in the eyes of a judge Hiding assets means you are lying to the court. Judges do not appreciate being lied to, and you may lose credibility in your case a result.

Actions such as hiding credit card debt, hiding purchases/receipts, keeping a secret bank account, lying about spending money, and lying about the amount of money you spent on a purchase, can all be considered warning signs that you or your partner has committed financial infidelity.

If this happens, you can still get them in trouble and have a fair settlement. You simply have to file a motion in court about the hidden asset in the court your divorce was finalized and ask that your case be reopened.But you could still sue your ex-spouse in civil court, claiming monetary damages.

Gather EvidenceStatements from joint bank accounts. Photographs of unexplained assets such as motorcycles, jewelry, or gifts for shared children. Affidavits (i.e. written and notarized statements) from family members, co-workers, or friends with relevant information. Salary and withholdings from an employer.

In California, a spouse can be charged with perjury for failing to disclose all of his or her financial assets in the required financial disclosure documents. A perjury charge can carry up to four years of jail time. Additionally, there is a potential for being charged with fraud, which is a criminal act.