The Financial Affidavit With No Income serves as a crucial legal document in the United States judicial system and administrative proceedings. It is commonly required in situations involving bankruptcy filings, divorce proceedings, child support modifications, public assistance applications, or other circumstances where an individual needs to formally declare their lack of income. The affidavit provides a comprehensive overview of the person's financial situation, including assets, expenses, and how they meet their basic needs without regular income. This document must be sworn under penalty of perjury and typically requires notarization to be legally valid.
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1. Personal Information: Basic identifying information of the affiant including full name, address, and contact details
2. Declaration of No Income: Formal statement confirming zero income and period covered
3. Assets Declaration: Comprehensive list of all assets owned, including property, vehicles, bank accounts, etc.
4. Living Expenses: Detailed breakdown of monthly expenses and how they are met
5. Source of Support: Explanation of how basic needs are being met without income
6. Verification: Sworn statement and signature block with notarization
1. Dependent Information: Details of dependents when the affiant has legal dependents
2. Previous Employment: Recent employment history when required by court or agency
3. Job Search Efforts: Documentation of attempts to find employment when required for benefits or court proceedings
1. Schedule A - Asset Details: Detailed listing of all assets with supporting documentation
2. Schedule B - Expense Documentation: Receipts and proof of regular expenses
3. Schedule C - Support Documentation: Letters or statements from those providing support
4. Schedule D - Bank Statements: Recent bank statements showing financial activity
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