What do you mean by financial affidavit?
Financial Affidavit. A Financial Affidavit is a document through which an individual person (the affiant) swears upon their present financial status, by providing explicit details about their monthly cash flow. Often, these documents are used in other cases, such as family matters, or for the opening of new credit or loans.
Do you need a financial affidavit for a criminal case?
Legal Aid: Finally, a financial affidavit may be required if you apply for the services of a public defender or legal aid. The United States Constitution guarantees legal representation in criminal cases, even if you can’t afford an attorney.
Does a financial affidavit need a list of debts and expenses?
As a general rule, income and revenue are considered essential when calculating a child support obligation, where expenses are generally not. Consequently, a financial affidavit in a child support proceeding may not require a detailed list of debts and expenses.
Can I modify my financial affidavit?
You will be able to modify it. A Financial Affidavit is a document through which an individual person (the affiant) swears upon their present financial status, by providing explicit details about their monthly cash flow. Often, these documents are used in other cases, such as family matters, or for the opening of new credit or loans.
What is the difference between bankruptcy and a financial affidavit?
Bankruptcy, on the other hand, looks at your entire financial situation, and thus, may require more information. A financial affidavit will identify the following elements: Affiant: the person making the affidavit. Employer: the name and address of the person or company employing the affiant.
Does a financial affidavit have to be notarized?
Once it is filled out, the Affidavit must be notarized, which means the affiant signs before a Notary Public, after providing valid legal identification. A Financial Affidavit generally isn’t covered by one specific set of laws, but will depend on the situation for which it is needed.